- Tue 29 Jun 2021
We have the pleasure of offering one of the most unusual auction lots to be put up for sale so far in 2021, in fact possibly ever! The Hydro Electric Power Station is a very unique opportunity for someone or an organisation to acquire a fully functioning hydro-electric station located in an easily accessible picturesque situation about 0.3 of an acre grounds just outside Chagford on Dartmoor. The asset is served by a leat from the nearby River Teign.
The former disused SWW hydro station has been fully restored with a high tech system complete with remote monitoring. It now creates on average 87,000 kwh PA of energy making the owner an average income over the last 3 years of just under £26,000 per year.
Managing Director, Chris Baxter commented "It is likely that interest will come from a number of interested parties, whether it is a company looking to carbon offset, an individual, special interest group or an investor looking for a renewable "Green" asset. It may also be possible to use the site as an educational or tourism destination subject to planning user change. We anticipate a lot of enquiries and are excited to see the range of interest we receive in the coming weeks."
Bradleys Estate Agents are offering the Hydro Station for sale by online auction at a guide price of £350,000. Viewings are by appointment only with our Bovey Tracey Office.
The auction date is the 11th August and the Guide Price is £350,000.
To find out more about this unusual opportunity and to view the video CLICK HERE