Land for sale

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Land for sale

Gammaton, Bideford, Devon, EX39
£1,950,000

Our Summary

  • Combined Renewable Energy and Agricultural Investment Opportunity Set just east of Bideford (approx

Description

This property, located in North Devon, offers a unique investment opportunity combining renewable energy generation with agricultural land. The 110-acre freehold property includes two established solar energy schemes, each with long-term, index-linked leases providing secure and growing rental income. The first scheme, developed in 2013, has an installed capacity of 4.6 MW and produces a stable, RPI-linked rental income of approximately £46,376 per annum. The second scheme, established in 2024, has an installed capacity of 9.85 MW and provides a base rent of £60,321.60, subject to annual upwards-only RPI indexation. In addition to the solar leases, the property includes approximately 21.55 acres of well-managed, good quality agricultural land, currently down to pasture. The property has excellent access and is well-serviced, making it an attractive balance of sustainable energy generation and rural capital value.