Preston, Lancashire Land for sale

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Preston, Lancashire Land for sale

Preston, Lancashire
£3,100,000

Our Summary

  • Description The estate provides a commercial scale rural investment opportunity of about 799
  • 20 acres, let under two Agricultural Holdings Act Tenancies (pre-1984) with significant reversionary uplift potential, and possible amalgamation of the two existing holdings, in future
  • The estate provides significant natural capital prospects, good sporting potential and long-term mineral prospects, alongside some smaller scale development potential across the farm buildings, subject to the necessary consents
  • The house is in need of modernisation and renovation throughout and is currently let within the Agricultural Holdings Act Tenancy for Elston Old Hall Farm

Description

Elston Old Hall Farm is a fully equipped dairy farm with a principal 4-bedroom house, a 3-bedroom farmhouse that is sublet, and a 3-bedroom listed house that is vacant and within a tenancy. The farm also features traditional red brick farm buildings and modern farm buildings, situated on about 474.34 acres of land, including 385 acres of permanent pasture and 67.3 acres of ancient semi-natural woodland. The farm is located in a rural setting near the village of Grimsargh and the market town of Longridge, and offers excellent transport links to the wider national motorway network. The farm provides a commercial scale rural investment opportunity with significant reversionary uplift potential and possible amalgamation of the two existing holdings. The property is available as a whole or in up to two lots, and offers significant natural capital prospects, good sporting potential, and long-term mineral prospects, alongside some smaller scale development potential.