Summary - ELSTON OLD HALL FARM, ELSTON LANE PR2 5LE
1 bed 1 bath Land
Operational farm with rental income and substantial woodland assets.
About 474.34 acres total, c.385 acres permanent pasture
Elston Old Hall Farm is a large, commercially viable dairy estate of about 474.34 acres, combining c.385 acres of permanent pasture with c.67.3 acres of ancient semi‑natural woodland (part SSSI) and river frontage to the Ribble. Two well‑equipped farmsteads, a principal four‑bed farmhouse and multiple residential units provide immediate agricultural use and rental income. The holding benefits from mains three‑phase electricity, private water supply and good road links to the M6.
The estate is offered freehold subject to two pre‑1984 Agricultural Holdings Act tenancies with a current combined passing rent of £72,000 pa. There is clear potential for operational consolidation, reversionary rental uplift in time and modest diversification opportunities from buildings (subject to consents). Ancient woodland and long river frontage add notable natural‑capital and sporting value.
Buyers should note material constraints: Place House is Grade II listed and requires full renovation; some buildings and house EPCs are low (E/F). Significant legal conditions apply, including VAT payable on the price, a 20% development uplift (50‑year overage) and a five‑year turnover/profit overage (50% on sale uplift). Parts of the estate sit in Flood Zones 2 and 3 and broadband speeds and mobile coverage are limited.
This lot suits purchasers seeking a fully operational dairy holding, larger agricultural investment or long‑term rural asset with woodland/SSSI value. It is a working farm — viewings strictly by appointment and prospective buyers should review tenancy documentation, service certificates and the data room prior to bid.
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