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While rural holdings form the major part of the Duchy of Lancaster's estates in terms of surface area, the commercial assets, particularly those in valuable locations such as central London, make a very important contribution to the income of the Duchy.

In the financial year ending 31 March 2008, the financial breakdown of the urban portfolio was as follows:






Analysis of urban property portfolio by value and location, 31st March 2008

London

£82,539,407

South £1,199,000
Midlands   £13,727,000
North East £19,184,152
North West £20,837,943
£137,487,502
 Urban 1
Analysis of urban property portfolio by sector value, 31st March 2008

Offices £67,433,943
Retail £23,526,000
Hotels/Leisure £6,273,001
Industrial £25,200,000
Educational

£7,024,000

 

Other commercial £4,863,601
Non-commercial £3,166,957
£137,487,502
 Urban 2
Analysis of urban property portfolio by income and location, 31st March 2008

London

£3,739,685

 

South £88,000
Midlands   £872,236
North East £1,099,992
North West £1,392,651
£7,192,564
Urban 3
Analysis of urban property portfolio by income and sector, 31st March 2008

Offices £3,195,027
Retail £1,367,450
Hotels/Leisure £157,500
Industrial £1,736,721
Educational

£363,000

 

Other commercial £294,607
Non-commercial £78,259
£7,192,564
 Urban 4


The urban holdings comprise:

Savoy Estate, London
This historic urban estate is centred around the Duchy Office and the Queen's Chapel of the Savoy, between the Strand and Embankment. The Duchy of Lancaster owns the freehold of part of the Manor of Savoy (1 hectare).

Other commercial properties
The Duchy owns a variety of commercial property investments elsewhere in London and in other urban locations in England.
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