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4 bedroom property with land for sale
Weare Giffard, Bideford, Devon, EX39
£5,750,000
Weare Giffard, Bideford, Devon, EX39
£5,750,000
Our Summary
- Set away from the farm buildings, surrounded by a small range of attractive, traditional barns that offer potential for numerous alternative uses
- The lease was executed in March 2024 and provides an investment opportunity providing a lengthy income stream comprising a base rent of £1,000/acre that is subject to upwards only annual RPI indexation (indexed linked from 2022 to £60,321
- The overage to be triggered on the granting of planning permission
- PlanningPlanning permission has been granted for both solar parks, the wind turbine and numerous farm buildings
Description
This former dairy farm in North Devon offers a unique opportunity for investment and development. The property includes a well-presented, detached farmhouse with four bedrooms, an extensive range of farm buildings, and 260.65 acres of arable and pasture land. The farm is situated in a renowned farming area and is close to several vibrant villages and towns, including Great Torrington and Bideford. The property also features two solar farms, let on secure agreements, generating a strong investment income. The farmhouse has been well-maintained and offers spacious family accommodation, while the farm buildings provide a range of options for dairy, livestock, or other uses. The property also includes a wind turbine, let on a 21-year term, and a three-bedroom semi-detached cottage with adjoining covered yard. The land is divided into numerous lots and is offered as a whole or in eight separate lots, providing a range of opportunities for buyers.