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AGENT'S DETAILS


(Lot 1) EWT 500kW Wind Turbine - Gearns Farm, Holsworthy, EX22 7NF

For sale: POA|100 Sq Ft|Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
SIZE100 Sq Ft
ADDRESS(Lot 1) EWT 500kW Wind Turbine - Gearns Farm, , Holsworthy, EX22 7NF
TYPEOther, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON3rd November 2019

DESCRIPTION

Landlord's interest in 1no. EWT 500kW wind turbine at Gearns Farm, Holsworthy Beacon,
Holsworthy, Devon EX22 7NF

Gearns Farm is approximately 2.5 miles north of Holsworthy and 8 miles inland (east) of Bude. The
turbine is located in a grass field off the main farm drive, approximately 0.85 miles from the A388.

The turbine can be found at Latitude 50.852195 Longitude -4.347330.

An exciting opportunity to purchase the Landlord's interest in 2no. EWT 500kW wind turbines operating under separate leases on separate holdings near Holsworthy, Devon.

The two established turbines are approximately 3 miles apart as the crow flies and both offer attractive Feed-in Tariff backed rental incomes.

The Landlords preference is to dispose of the leasehold interest only however a sale of the freehold interest will be considered, if necessary to conclude a sale. Any sale of the Landlord's freehold interest will only include the area required by the Tenant to operate the turbine. Areas required to maintain and access the
turbine will be subject to licence at a peppercorn rent. A freehold sale will include a clause allowing the current Landlord to purchase back the freehold interest at the end of the Lease Term at the prevailing agricultural land value determined by an independent surveyor.

Available for purchase as a whole or in individual lots.

A data pack including the Lease, and title documentation, is available to approved interested parties upon request but at the sole discretion of the selling agent and vendor.

A copy of the planning permissions for the turbines can be found on the Torridge District Council planning website.

The planning reference for the turbine at Gearns Farm is 1/1151/2011/FUL and the planning reference for the turbine at Youldon Farm is 1/0637/2013/FUL.
( Agency Pilot Software Ref: 103922 )

LOCATION

Location: (Lot 1) EWT 500kW Wind Turbine - Gearns Farm, , Holsworthy, EX22 7NF
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