Gammaton, Devon EX39 Land for sale

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Gammaton, Devon EX39 Land for sale

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

Our Summary

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

Description

This property is a unique investment opportunity in North Devon, comprising 110 acres of land with two established solar energy schemes and 21.55 acres of productive pastureland. The solar developments, each held on long-term leases, provide secure and growing rental income from renewable energy generation. The first scheme, commissioned in 2013, has an installed capacity of 4.6 MW and produces a stable, RPI-linked rental income, while the second scheme, commissioned in 2024, has an installed capacity of 9.85 MW and provides a base rent with annual upwards-only RPI indexation. The property also includes a small area of pastureland, currently used for grazing but previously used for cereal and fodder crops. The land has excellent access and is well-serviced by a track network, making it an attractive balance of sustainable energy generation and rural capital value.