The most common and most likely answer to this crossword clue is the 10 letter word WINCHELSEA
I've seen this crossword clue in Financial Times
W
I
N
C
H
E
L
S
E
A
More clues leading to the result WINCHELSEA
Buddy explains!

The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.