The Greenside Estate, exceeding 1,800ac, has been brought to the market by estate agency GSC Grays.
The £4,795,000 estate, which is situated on the Cumbrian and Northumberland boundary, comprises agricultural, residential, woodland, investment, development and sporting interests and covers 1,844ac, or 746ha.
It is being offered for sale as a whole or in lots and is divided within four principle agricultural holdings currently let on secure agricultural tenancies.
There are also a number of smaller blocks of land that have historically been occupied on annual grazing licence agreements and Farm Business Tenancies (FBT) which are now available with vacant possession.
GSC Grays said the estate’s farming operations have principally been livestock focused and saw cattle and sheep benefit from long grazing seasons.
“However, there is significant potential for farm business diversification opportunities, subject to obtaining the necessary consents,” it said.
The estate is made up of:
- A stock farm with vacant possession available from 2024, extending to about 676.20ac;
- Three stock farms let on secure agricultural tenancies, extending in total to about 948.90ac;
- 118.95ac of productive in-hand farmland;
- Four vacant residential properties;
- 81.60ac of commercial and amenity woodland;
- Two telecommunication masts;
- Additional playing fields, gardens and allotments;
- Potential for low ground shooting and stalking;
- Current annual rental income of approximately £39,251/annum.
The Greenside Estate
The Greenside was previously owned by the Earl of Carlisle and was once part of the former Naworth Castle and Castle Howard Estates.
The two estates were separated out in 1916 and the Greenside Estate was a further subdivision from the Naworth Castle Estate.
Head of land and farm sales at GSC Grays, John Coleman, said: “The Greenside Estate offers a diverse portfolio of rural property assets for sale from gardens and allotments to in-hand land and farms ranging from £5,000 to £1.5 million.
“It’s a substantial and versatile rural estate with significant carbon and natural capital potential and offers multiple income sources including residential properties, telecommunication masts and commercial woodlands.
“It has huge potential for future development, making it an attractive investment opportunity for the right buyer or investor.”
The Greenside Estate, on the periphery of the town of Brampton in East, is within an hour of the Lake District National Park.