Lot 2 - Elston Old Hall Farm - A fully equipped dairy farm with principal 4-bedroom house, 3-bedroom farmhouse (sublet), 3-bedroom listed house (vacant and within tenancy), traditional red brick farm buildings, modern farm buildings, about 385 acres of permanent pasture and about 67.3 acres of ancient semi-natural woodland. In all about 474.34 acres.
Situation
The Alston Estate lies to the north east of Preston city and to the south east of Grimsargh village in Lancashire. Bordering the southern boundary of the Ribble Valley, the Estate benefits from a most attractive rural setting bounded to the south and east by the River Ribble, yet just 4 miles from the M6 motorway offering excellent transport links to the wider national motorway network.
The nearby village of Grimsargh (1.8 miles) and the market town of Longridge (3.5 miles) provide a good range of shopping facilities, supermarkets and healthcare services, whilst the city of Preston (6 miles) provides a wider range of services, facilities, and amenities beyond those found in the immediate locality.
There is a good selection of both state and private schools within reach, including Grimsargh Saint Michael’s Primary School, Highfield Priory School at Fulwood, Sir Tom Finney Community High School, Westholme School near Blackburn and Stonyhurst College at Clitheroe.
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.
There are five independent residential dwellings, 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.
The property is available as a whole or in up to two lots as further described below.