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Scots high street tycoon smashes house sale record at exclusive coastal neighbourhood loved by celebs
A SCOTS tycoon has smashed the record for the most expensive house sale in an exclusive coastal neighbourhood.
A harbourside mansion that belonged to Louise McGlinn, the Scottish heiress of the Body Shop empire, has sold for just under £16million.
Tom Glanfield’s waterfront bungalow that sold for £13.5m in 2023[/caption] Sandbanks has been one of the most desirable places to live in the UK for over 20 years[/caption] A harbourside mansion that belonged to Louise McGlinn has sold for just under £16m[/caption]It outstrips the previous record for the Poole Harbour waterfront which was £13.5m paid by entrepreneur Tom Glanfield for a bungalow on a large plot on Sandbanks in 2023.
Miss McGlinn bought the house in 2008 for £9.4m. Her late father was Ian McGlinn, the son of a Glasgow shipyard worker who famously lent Anita Roddick £4,000 to set up the Body Shop.
He sold his share of the company in 2006 for £146m. The five-bedroom Arts & Craft-style home occupies one of the best plots on the waterfront and has stunning views of Poole Harbour.
Miss McGlinn sold the five-bedroom home earlier this year to property developer tycoon Richard Carr and his company Fortitudo.
He sparked controversy among the neighbours with plans to demolish the large detached house and replace it with three new luxury homes. But before the plans could be approved by the local council Fortitudo accepted the near-£16m offer for the property from a private buyer.
It is believed the new owners are from the Home Counties area and will look to demolish the existing house.
They are then likely to spend more than £2million building a bespoke mansion in its place that will be worth over £20million when finished. The south-facing property is on Pearce Avenue, which is next to the Sandbanks peninsula, and has direct access to the water.
A spokesperson for Fortitudo said: “We are proud to announce the record-breaking sale of a premium waterside site on Pearce Avenue, Poole.
“This landmark transaction, sold at just under £16million, sets the highest price achieved for single-site sales in the area.
“Situated in one of Dorset’s most sought-after locations, the Pearce Avenue site offers unparalleled views and access to Poole Harbour.”
Fortitudo’s CEO, Richard Carr, said: “The new owners are going to pull the current house down and look to build a new property which would be worth about £20million.
“I think there is a realisation that Sandbanks peninsula suffers from a lot of congestion in the summer and I think the Pearce Avenue area is possibly a nicer spot to have a home overlooking the water.
“You get the sun from the east to the west all day long and some of the best views of the harbour and Brownsea Island.”
Robert Dunford, of estate agents Tailor Made, who handled the sale, said: “We are proud to have assisted Fortitudo Ltd with the sale of this prestigious waterside development plot.
“We are delighted to secure a sale, setting a new benchmark for single-site sales in the area at just under £16 million.”
Sandbanks – Britain’s answer to Miami Beach – has been one of the most desirable places to live in the UK for over 20 years. In 2000 the strip of land was named the fourth most expensive place to buy residential property in the world, behind Tokyo, Hong Kong and London.
Harry and Sandra Redknapp have owned three houses there while Sky Sports pundit Graeme Souness lives close by.
Celebrity interior designer Celia Sawyer also lives on Sandbanks.
According to a 2022 survey by estate agents Savills, Monaco was the most desirable place in the world for property which sells for the equivalent of £4,374 per square foot. Hong Kong was next at £3,775 followed by New York (£2,150), Geneva (£1,875), Tokyo (£1,850), Shanghai (£1,850) and London (£1,741).
Mr Dunford believes demand for waterside property around the harbour has increased even more since the pandemic.
He said: “Demand and prices for waterfront property in Britain has rapidly increased following Covid.
“People have realised they can work from home and don’t need to be tied to an office in London.
“They have reevaluated their work-life balance and places like Sandbanks seem to be even more desirable now.
“The location brings with it the lifestyle. You have Poole Harbour, award winning sandy beaches and the Jurassic Isle Of Purbeck as your playground.”
Farm with Scotland’s only lake up for sale
A STUNNING farm with views of the ”only lake in Scotland” has hit the market.
The 446-hectare upland hill farm sits in an area unique to Scotland.
The upland farm overlooks the only lake in Scotland, Lake Menteith[/caption] It also contains the ruins of an old shepherd’s cottage[/caption] And it includes more than 440 hectares of land[/caption]Situated in Stirlingshire, it overlooks the only body of water in the country referred to as a ‘lake’.
This is believed to be because of the 1838 UK Government‘s Ordnance Survey, who mapped the area for the first time, identified it as a lake, rather than the typical ‘loch.’
Glenny Hill farm is described as “an idyllic and beautiful part of rural Stirlingshire,” which sits on the banks of Lake Menteith.
The farmland reaches 427m above sea level at its highest point, providing panoramic views over the water.
Land for Chartered Land and Forestry Agency described the opportunities for potential owners to graze cattle, introduce horses, or even take part in sustainable deer stalking.
The listing reads: “Glenny Hill was traditionally managed for the grazing of sheep and cattle for many years with old stone dykes (walls) separating field units in the past and more recently the use of stock fences to manage livestock on the lower lying improved grassland or inbye as it is known.
“Part of Glenny Hill was planted 20 – 30 years ago to create both mixed and native species woodland which has established well and now creates shelter, a source of fuel wood and significant amenity value.
“The current owner has managed Glenny Hill Farm on a contract farming arrangement, grazing 35 head of highland and highland/short horn mix breeding cattle.
“The cattle have helped to improve the land with conservation grazing, breaking down the Bracken, creating a diverse mosaic of habitats on the inbye, within the woodland and out on the higher hill ground in summer.”
Sheep and horses could be added to the farm as the land boasts a great potential for “pony trekking to be enjoyed”.
Already teeming with wildlife, Red and Roe deer are known to graze parts of the farm – offering the opportunity for “deer stalking and a fresh supply of fresh venison.”
Containing the ruins of an old shepherd’s cottage and with planning permissions for a house next to them, the property offers the potential for the landowner to reside on the farm.
Prospective buyers can build a farmhouse that would provide a prime location for a secluded cabin in an idyllic setting.
Though there are currently no services on the farm, mains electricity and telephone lines service the nearby properties.
The listing continues: “A private water supply would be possible via a spring fed bore hole and there would also be potential for solar and wind power if looking for a truly off grid and sustainable development opportunity, subject to firstly obtaining planning consent.
“Glenny Hill farm now offers a rare opportunity to enhance a diverse range of habitats as well as creating a lovely manageable farm or small estate for future enjoyment.”
Glenny Hill farm is now up for sale for offers over £1.4m.
Vile charity boss who stole £85k from friend’s cancer fund ordered to repay full amount
THE crooked ex-boss of cancer charity Rainbow Valley was yesterday ordered to hand back every penny of the £95,000 she nicked.
Lindsay MacCallum, 61, was handed the ruling just weeks after she was jailed for three years for stealing from the organisation her best friend set up following her daughter’s death.
Crooked MacCallum was jailed for three years and ordered to pay back every penny[/caption] Lindsay MacCallum (left) and Angela McVicar (right) co-founded Rainbow Valley[/caption] Mrs MacVicar previously said she was “totally bereft” after placing her trust in the crook[/caption]She’d pled guilty at Falkirk Sheriff Court to embezzling £85,978 from Rainbow Valley after an earlier £9,505 theft from the Anthony Nolan Trust.
A proceeds-of-crime hearing at the same court was told the mum of two made £95,483 from illegal conduct and had more than £175,000 available.
MacCallum previously repaid £25,000, so the Crown wanted to grab a further 70,483.
The fraudster, of Aberfoyle, Perthshire, was not in court to hear concerns being raised that her cash would not go back to the charities unless “complex” legal issues were solved first.
Sheriff Craig Harris told how funds recovered from criminals normally go straight to the Treasury or central funds.
Rainbow Trust’s supporters gasped when it was revealed there was a danger they might not get their money back.
The law chief continued the case to December 11 to allow “minds to be applied” and find a way to ensure the sums go back to the charities.
But he warned: “It’s a very complex legal scenario.”
MacCallum had worked as a fundraising manager for the Anthony Nolan Trust from 1995 to 2012 before she left to set up Rainbow Valley with pal Angela MacVicar, 64.
The foundation was set up in memory of Angela’s daughter Johanna, who died of leukaemia in 2005, aged 27.
The pair worked together for ten years before it emerged cash was missing.
In May 2019, they welcomed then-local MP Jo Swinson to their offices in Milngavie, near Glasgow.
The ex-Lib Dem leader later posted on Facebook: “I enjoyed meeting Lindsay and hearing about the fantastic work that Rainbow Valley does.”
We told how MacCallum was slammed at her sentencing last month.
Sheriff Maryam Labaki told her she’d “systematically” perpetrated frauds on charities and “betrayed” cancer victims.
The court heard she forged staff signatures to reroute cash from fundraising accounts for her own use between 2011-21.
She swiped £50,000 into her own bank accounts, £5,045 into a joint one with her husband and £1,670 into an account for her grown-up children.
MacCallum also spent £21,056 on a credit card and £4,210 on products from Next.
Mrs MacVicar previously said she was “totally bereft” after placing her trust in the crook, who “fooled everybody.”
The charity boss added: “She was my best friend, I trusted her implicitly. I’ll never get over it or understand why.”