Summary - ELSTON HALL FARM, ELSTON LANE PR2 5LE
1 bed 1 bath Land
Large-scale dairy farm with woodland, rental income and development potential.
About 324.86 acres total including c.270 acres permanent pasture
A rare, large-scale agricultural investment in Preston: Elston New Hall Farm offers c.324.86 acres combining productive pasture, ancient woodland and two fully equipped dairy farmsteads. The holding includes a principal 4-bedroom house, a secondary 3-bedroom farmhouse (sublet), substantial traditional and modern farm buildings and three-phase power — assets suited to continued dairying, livestock or diversified rural enterprise.
The estate delivers immediate rental income (passing rent c.£72,000 pa) from two Agricultural Holdings Act tenancies and fishing rights. Significant natural capital sits in the 46.5 acres of ancient semi-natural woodland (SSSI-designated in part), with sporting, timber and longer-term mineral prospects. Good motorway access (M6 about 4 miles) and proximity to Preston and local services support operational logistics.
Buyers should note important legal and operational constraints. Part of the property lies in Flood Zones 2 and 3; the principal farmhouse is Grade II listed which will complicate alterations; the sale is subject to pre-1984 agricultural tenancies with succession rights; and the vendor has applied overage and turn/profit overage provisions on future development uplift. The vendor is VAT-registered — the advertised price is exclusive of VAT.
Practical issues include slow broadband (estimated ~8 Mbps), ongoing replacement of private drainage to meet regulations, and a number of wayleaves, overhead electricity lines and public rights of way crossing the land. The woodland is largely offered with vacant possession; most farmland sits within a ring fence and is readily accessed by internal tracks.
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