The monarch is keen to generate commercial revenue from the mansion when he ousts the Duke of York who is refusing to budge, it is understood.
Andrew has rejected other homes offered and is relying on his “cast-iron lease”,
which includes a proviso the dilapidated £30million lodge in Windsor Great Park is kept in good order.
But sources believe Charles will get Andy to leave.
He could even cut off the £4million a year he pays to keep him afloat.
An insider said: “It makes sense for Royal Lodge to be handed back to Crown Estates, which can pay for the much-needed repairs and renovations.
“It could then be rented to earn money for them, the King’s coffers and the country rather than being a drain on everyone’s resources.”
A property expert said: “Rental of £1million a year is not far-fetched for a house of that size with incredible royal connections.”
A spokesman for the King declined to comment.
It seems that the monarch is determined to find a solution to the situation with the Duke of York and the Royal Lodge. With Andrew refusing to move out and insisting on his lease agreement, Charles may have to take drastic measures to have him leave. One option could be to stop the annual payment of £4million that Andrew relies on to maintain the property.
There is a belief among sources that handing back the Royal Lodge to the Crown Estates could be a viable solution. This would allow for much-needed repairs and renovations to be carried out, making the property suitable for renting out. By renting out the Royal Lodge, the Crown Estates, the King, and the country could all benefit financially, turning what was once a drain on resources into a profitable asset.
Experts suggest that the Royal Lodge could potentially fetch around £1million a year in rental income due to its size and royal connections. It seems that a decision will have to be made soon, and it will be interesting to see how the situation unfolds.
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Source: USA Today