The Scotsman

Landowner extends portfolio

- By EMMA NEWLANDS

A private landowner has acquired a 9,800-acre estate in the West Highlands, complement­ing a nearby site he owns said to have helped inspire children’s classic Peter Pan.

Richard Tuxford inked the latest deal to buy East Glenquoich Estate backed by a £1.4 million funding package from Royal Bank of Scotland (RBS).

The acquired land adjoins Tomdoun Estate, where novelist and playwright JM Barrie is said to have holidayed with his children, gathering inspiratio­n for Peter Pan.

The estate boasts 1,200 acres of woodland including ancient Caledonian pine, deer stalking rights and extensive fishing privileges. RBS said that by combining both sites, Tuxford will be able to continue to offer clients “high-quality fishing and shooting breaks with premium accommodat­ion and on a much larger scale”.

The acquisitio­n will also create four jobs, in addition to conservati­on work.

Tuxford said: “Prior to purchasing Tomdoun, I had been visiting the area for a number of years on fishing and shooting breaks, which is a huge passion of mine. I have now acquired both of the estates with a clear vision in mind – to provide the best fishing and shooting experience in the area.

“The funding from RBS has enabled me to transform my vision into a reality and expand my offering.”

The deal was advised and brokered by RBS broker developmen­t manager Steven Darbyshire and the business known as Independen­t Banking Profession­als.

The latter’s director Rod Whitehead said: “This is a fantastic deal for Richard.”

RBS relationsh­ip manager Nick Pigott said: “Stemming from a passion, Richard has created an excellent experience for fishing and shooting enthusiast­s, in a key location with great history. The estate is an asset to the local community with the creation of jobs and the ability to attract tourists to the area.”

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