Preston, Lancashire Land for sale

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Preston, Lancashire Land for sale

Preston, Lancashire
£5,000,000

Our Summary

  • A well-located commercial scale rural investment opportunity on the edge of the Ribble Valley
  • The Alston Estate • Two fully equipped dairy farms let under Agricultural Holdings Act Tenancies • Five residential dwellings within Agricultural Holdings Act Tenancies • Range of traditional red brick farm buildings with scope for alternative uses (STP)• Range of modern farm buildings and slurry storage facilities • Productive permanent pasture land• In hand ancient semi-natural woodland• River frontage to the River Ribble with riparian ownership• Significant natural capital opportunities • In all about 799
  • 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

This is a unique commercial scale rural investment opportunity located on the edge of the Ribble Valley, comprising two fully equipped dairy farms with five residential dwellings, traditional and modern farm buildings, and productive permanent pasture land. The estate spans approximately 799.20 acres, with significant natural capital prospects, good sporting potential, and long-term mineral prospects. The property is available as a whole or in two lots, with Lot 1 featuring Elston New Hall Farm and Lot 2 featuring Elston Old Hall Farm. The farms are let under Agricultural Holdings Act Tenancies, providing a reversionary uplift potential and possible amalgamation of the two existing holdings in the future. The estate offers a range of opportunities, including alternative uses for the farm buildings, subject to necessary consents.