Summary - ELSTON OLD HALL FARM, ELSTON LANE PR2 5LE
1 bed 1 bath Land
Commercial-scale rural investment opportunity near Ribble Valley and M6 links.
About 799.20 acres of pasture, woodland and river frontage
A substantial commercial-scale rural estate on the edge of the Ribble Valley, offered freehold in whole or two lots. The holding extends to about 799.20 acres with productive Grade 3–4 permanent pasture, significant river frontage and riparian ownership, and large tracts of ancient semi‑natural woodland (SSSI). Two fully equipped dairy farmsteads, multiple residential dwellings let under pre‑1984 Agricultural Holdings Act tenancies, and a mix of traditional and modern farm buildings provide immediate agricultural income and operational capability.
This is a clearly investment‑led opportunity. Passing rent is £72,000 pa across the tenancies with scope for future reversionary uplift, consolidation of holdings, natural capital and sporting income, and selective change of use of buildings subject to planning. The majority of the woodland is held in hand and will be offered with vacant possession, enhancing potential for timber, biodiversity projects or stewardship options.
Buyers should note material constraints: parts of the estate lie in Flood Zones 2 and 3; a Grade II listed farmhouse requires full renovation; portions are designated greenbelt and an in‑hand woodland is SSSI, which will limit development. The sale is VAT‑able and subject to overage and turnover profit provisions (20% development uplift; 50% sale increase within five years). A number of public footpaths, a bridleway, overhead powerlines and third‑party rights of way/easements cross the land.
Practical services are mixed: mains three‑phase electricity and private water supply are available; drainage installations are private and being upgraded; broadband speeds are very slow and mobile coverage is average. The estate benefits from strong road links (circa 4 miles to M6) and local schools and services in nearby Grimsargh, Longridge and Preston.
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