Agricultural estate sold to private investor in million pound deal

An agricultural estate in Welford-on-Avon has been sold for £1.5m to a mystery buyer and is set for a revival after remaining mostly vacant for over a decade.

The 37-acre estate has been acquired by a private investor who plans to complete the barn conversion and introduce alpacas to the agricultural land.

The partly completed residential building includes ground and first floors, along with outbuildings such as a garage, stables and a tack room.

Warwickshire’s property agents, Bromwich Hardy, sold the estate at Hunt Hall Lane in Welford, near Stratford-upon-Avon.

The vendors were advised by EPO Lawyers in Sutton Coldfield, while Askews Legal LLP in Coventry represented the purchaser.

Caine Gilchrist, surveyor at Bromwich Hardy, said: “We had a significant amount of interest in this rare opportunity to acquire a country estate which comes with a partly completed four-bedroom barn conversion.

“The property is set in beautiful surroundings and offers potential development opportunities, but it was a challenging sale to get over the line with a number of boundary disputes, right-of-way impacts, unregistered parcels of land and other issues to be resolved. However, we worked our way through each issue, and we are delighted to have achieved such a fantastic result for our client.”