A significant commercial-scale rural investment opportunity on the edge of the Ribble Valley has been placed on the market by our rural residential agency team.
The Alston Estate, near Preston, which extends to circa. 800 acres with a guide price of offers in excess of £5 million and comprises two fully equipped dairy farms let under Agricultural Holdings Act Tenancies.
Bordering the southern boundary of the Ribble Valley, the estate benefits from an attractive rural setting which is just four miles from the M6 motorway, offering excellent transport links to the wider national motorway network.
Elston New Hall Farm includes a principal four-bedroom house, secondary three-bedroom farmhouse, traditional red brick farm buildings, modern farm buildings, around 270 acres of permanent pasture and about 46.5 acres of ancient semi-natural woodland.
Elston Old Hall Farm features a principal four-bedroom house, three-bedroom let farmhouse and a three-bedroom Grade II listed house as well as traditional red brick farm buildings, modern farm buildings, around 385 acres of permanent pasture and about 67.3 acres of ancient semi natural woodland.
The estate also boasts river frontage to the River Ribble with riparian ownership.
Richard Gadd, Partner and Head of Farm Agency, said that the estate provides a wealth of opportunities for private investors, corporate entities and charity bodies amongst many other buyer profiles.
He said: “The Alston Estate provides a rural investment opportunity of about 799.20 acres, let under two Agricultural Holdings Act Tenancies. It includes five independent residential dwellings which are let within the existing tenancies, and two well-equipped farmsteads supporting two dairy herds.
“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.
“Rural investment opportunities of this scale are rarely seen in the farmland market and the combination of two adjoining tenanted holdings provides a long-term prospect for the amalgamation of both farms to from a significant ringfenced estate in future”
The estate is available as a whole or in two lots. Find out more about The Alston Estate.