A 23,315-acre (9,435-hectare) estate surrounding Lake Vyrnwy in Wales, which incorporates a nature reserve and a number of conservation areas, has been put up for sale.

Utility company Severn Trent Water is looking to offload a 125-year lease to one of the largest single blocks of land to go under the hammer across England and Wales in recent years. A guide price of £11m for the lease has been set by London-based agent Knight Frank, with the sale split into four lots; the largest of which covers a 12,000-acre (4,856-hectare) site farmed jointly with the RSPB.

One of the remaining three lots incorporates 5,000 acres (2,023 hectares) of woodland managed by Forestry Commission Wales, with a number of farms and 31 residential and commercial lets also part of the sale. Prospective buyers will be able to negotiate water rights to Lake Vyrnwy, which was created in 1892 by the Liverpool Corporation to supply clean water to the Merseyside city.

Severn Trent Water chief executive Tony Wray said: "Other organisations exist that can concentrate more intensively on running the land at Vyrnwy. A responsible transfer process will bring benefits for all those living, working on and visiting the estate." Image: Britain On View