Pippa Middleton and husband James sell investment property after six-figure losses
Pippa and James Matthews have exited Bucklebury Farm Park
Pippa and James Matthews have decided to part ways with Bucklebury Farm Park after it reportedly amassed debts reaching £807,543 by 2025.
The couple purchased the 72-acre property in Berkshire, paying about £1.3million in 2021, with hopes to revitalise the deer and safari park into a bustling family-friendly attraction.
A spokesperson for the couple confirmed the sale to the Mail, marking the end of their five-year ownership of the site located near Carole and Michael Middleton's family residence.
James Matthews, who leads the London investment firm Eden Rock, bought the property with his business partner James Murray, yet the venture did not yield the expected profit.
The farm boasted a variety of attractions aimed at families, such as animal petting areas, a soft play zone, an outdoor playground, a café, and safari-themed glamping tents for overnight stays.
Seasonal events like an Easter "bunny disco" and Santa's Grotto during the holiday season were planned to entice visitors year-round.
Despite widespread appeal, the business faced financial challenges, reporting six-figure losses every year that became insurmountable.
Carole Middleton had occasionally assisted at the property, but operational costs consistently exceeded revenue, ultimately leading the couple to discontinue the project.
In a last attempt to salvage the faltering business, Mr. and Mrs. Matthews submitted plans last year to build a nursery on the premises, designed for children aged nine months to five years.
The proposal was initially accepted but later faced objections from the local highways authority over serious concerns about increased traffic.
The couple challenged this decision, asserting that diversifying the site was "vital to ensure the farm's survival, allowing it to remain accessible to the public while providing educational and fun opportunities for the community."
Their appeal did not succeed, and the local council ultimately rejected the planning application.
Local opposition to the couple's management had increased in recent times, with visitors expressing dissatisfaction over rising entry prices.
A resident referred to the effort as "an elitist money-making scheme," suggesting the venue had become less accessible.
Another local gave a more critical view, telling the Mail that "since the Middletons took over, it's turned into a realm of exclusivity and middle-class favorability."
The criticism indicated a belief that what was once a cherished destination for Berkshire youngsters had shifted in nature under new management.
Regardless of the changing hands in ownership, the farm park is still operational and open to guests.