Chagford Hydro Elec Power Station, Mill Street, Chagford, TQ13

Guide price £350,000

A rare opportunity to acquire a hydro elec power station producing excellent income. Ideal as a business in the "Green" sector of interest to those looking to carbon offset, possibly develop further for tourism/educational use (subject to planning). Located in an idyllic Dartmoor situation close to Chagford.

Location and Description A rare opportunity to acquire a fully functioning Hydro Electric power station within Dartmoor National Park. The site is situated close to the favoured village of Chagford within a valley location. The site is served by a picturesque leat conveying water from the River Teign to create "green" electricity that has produced circa £26,000 of income per annum for the owners. (subject to current feed in tarriff)The station itself is a stone and block built building housing the hydro plant whilst the surrounding .38 acres is made up of mainly grassland.The site enjoys roadside access and off road parking.

The Hydro Electric Power Station The site was purchased by the current owners from South West Water as a disused Hydro station. The current owners have since installed a modern Hydro plant and turbine producing on average 87,000 kwh per annum of electricity to the grid via Good Energy a renewable energy supplier. The site owners have an abstraction licence supplied by the Environment agency.The current owner carries out maintenance on the plant and site generally however quotes for yearly maintenance will be supplied.

Rates The site attracts a rateable value however as a small business it attracts full 100% rate relief.

Viewings Viewings of the site and hydro station are by appointment only and viewing hours will be arranged throughout the marketing period. As the site involves a watercourse and moving parts within the building no children are allowed on site for viewings and viewers will should wear suitable robust shoes and clothes for the rural environment.

Directions
From Chagford town centre proceed out of the town in an Easterly direction on the High Street and into Mill Street. Continue on this road as far as the crossroads. The hydro is on the immediate left of the right hand turn from the crossroads.
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Floorplan for Chagford Hydro Elec Power Station, Mill Street, Chagford, TQ13