AN island owned by Earl Waldegrave, brother of former Cabinet Minister William, has been sold for nearly #400,000 to an un-named English businessman. An offer was accepted by the earl last month and now the sale has been completed.

The Earl Waldegrave had cut the original asking price by #100,000 in a bid to sell the 237-acre Eilean Righ near Ardfern in Argyll, after no serious offer had been made for nearly a year.