LISKEARD has suffered a blow with the decision of the Duchy of Cornwall to move its South West headquarters out of the town.
The duchy has relocated its western administrative centre to new premises on the Restormel Manor estate at Lostwithiel.
Staff last week moved out of the duchy's old building in Station Road to converted farm buildings close to the River Fowey.
A spokesperson for the Duke of Cornwall said the 100-year-old building in Liskeard was no longer suitable.
"We've decided to move the office to Lostwithiel because our building in Station Road is no longer fit for purpose.
"The staff will now be working from historic barns which have been converted near the manor house,'' he said, adding that no one would be made redundant in the move.
Mayor of Liskeard, Sue Pike said it was a sad day for her town.
"It's a real blow for Liskeard and we will miss it a great deal. It kept the connection between the prince and the town alive.
"In terms of the Duchy of Cornwall being a business, it makes sense to move it to Lostwithiel because they have cottages there and other businesses."
The new administrative centre is a few minutes' walk from the Duchy of Cornwall plant nursery off Cott Road on the opposite side of the River Fowey.
The 500-year-old Restormel Manor underwent major renovation work four years ago, and now provides luxury holiday accommodation.
The Duke and Duchess of Cornwall often stay there when visiting the county, and the Duke of Cambridge and his brother Prince Harry have also spent time there in recent years.
Stables and barns have also been expensively converted.
The Duchy of Cornwall is a private estate which funds the public, charitable and private activities of the duke and his family.
The duchy consists of around 53,154 hectares – 130,000 acres – of land in 24 counties, mostly in the South West of England.
The duchy estate was created in 1337 by Edward III for his son and heir, Prince Edward, and its primary function was to provide him and and future Princes of Wales with income from its assets.
It's principal activity is the sustainable, commercial management of its land and properties. The Duchy also has a financial investment portfolio.