A RURAL estate now on the market in a popular and accessible location offers an income stream as well as potential for a lifestyle business or redevelopment opportunity.

Hall House Estate near Kendal consists of a historic former farmhouse with a comprehensive range of outbuildings, a light industrial estate with an excellent income stream, meadow and pasture land.

In total, the package, for sale in three lots, covers just over 18 acres.

Lot 1 is Hall House, a period farmhouse with an extensive landscaped garden and garage block.

It has two reception rooms, a conservatory, three bedrooms and a cellar.

The stone-built house, which dates from around 1714, has been modified and extended and occupies a south-facing site with superb southerly views towards Farleton Knott, with Lancaster in the distance.

It is offered with a recently rebuilt three-storey traditional Westmorland barn with potential for conversion to residential dwellings.

The barn currently has five rooms on the ground floor and three rooms on each of the upper storeys.

Lot 2 is Hall House Industrial Estate which comprises 21 light industrial and commercial units which realise an annual income of around £60,000.

They are managed by local commercial agents and let on varying agreements to a range of local builders, joiners, suppliers, manufacturers and engineers.

The third lot in this package is good-quality meadow and grazing land extending to almost two and a half acres.

It is comprised of several enclosures of sound meadow and pasture land with small areas of native amenity woodland.

It is occupied by a local farmer on a licence basis and is not entered into any Stewardship Schemes.

Hall House Estate, New Hutton, Kendal, is for sale in its entirety at £1.4m. For more information, contact H&H Land and Estates, tel. 01539 721375.