Close x
Login/Register

CLOSING DATE FOR OFFERS SET FOR 12.00 NOON, WEDNESDAY 28th SEPTEMBER 2022. A green energy investment comprising a leased single wind turbine site and associated land

Under Offer
Property Details

Moniaive DG7 3DZ

Under Offer
Description

A green energy investment comprising a leased single wind turbine site and associated land

Other - Moniaive

The site and land at Fell Hill comprises a clear-felled, former forestry plantation, which now forms part of the Blackcraig Wind Farm. Within the land is a single wind turbine, located at the south end (Turbine 17) with associated large hardcore area and wind farm access road providing access to the turbines at the eastern end of the wind farm.

Blackcraig Wind Farm, as a whole, is an extensive development comprising 23 turbines in total, sited along an upland ridge line with the southern-most turbine located on Troquhain Hill and the remaining turbines located on the ridge line between Troquhain Hill, Blackcraig Hill, Benneeve and Fell Hill. Fell Hill retains a concentration of turbines at the north-east end of the development.  Turbine (T17) is located within the north-east of the development with a further 8 turbines beyond to the east on Fell Hill. 

The Blackcraig Wind Farm was initially developed by SSE Generation Limited but now operates under the company name of Blackcraig Wind Farm (Scotland) Limited.

The turbines used are Siemens SWT-2.3-93 type with a hub height of approximately 80m and blade length of 45m, giving a total blade tip height of approximately 125m. The turbine retains an installed capacity of 2.3MW. There is a 20 year management and maintenance contract with Siemens. The Power Purchase Agreement is with Stratkraft and the development is subject to Renewable Obligation (RO) support.

The site was clear felled as part of the wind farm development and has been partially replanted, with compensatory planting being carried out elsewhere as part of the overall wind farm development planning permission.

The wind farm developers retain a lease over part of the subject land on which a single turbine (Turbine 17) and associated works are sited, with the remaining land being subject to vacant possession, but subject to non-planting obligations as part of the original turbine lease agreement. A compensation payment (“Ground Rent”) is paid by the windfarm tenant, in addition to the lease rent, for the areas not re-planted.  Copies of documentation are available from the selling agents to parties noting interest and confirming proof of funding.

LOCATION

The site and land lies on the south-west side of Fell Hill, approximately 7 miles equi-distant between the villages of St John’s Town of Dalry and Moniaive and south of A702 public road. 

The land is shown on the location and sale plans within these particulars with an OS Grid Reference NX 71635 84094 and What3Words – ///splits.circulate.acrobatic.

DIRECTIONS

From the north, head south on the A76 to Thornhill and turn right onto the A702, heading for Moniaive. Once in Moniaive, turn left, keeping on the A702 (signposted for St John’s Town of Dalry) and continue for approximately seven miles to reach the forest access track to Laggan (Point “A” on the sales plans), over which access to the land is taken via the forestry road (please note that no vehicle access is available from this point without prior arrangement). From the south (Dumfries), take the A75 and A712 west from Dumfries to the village of Balmaclellan and turn right onto the B7075 road, (signposted for “Moniaive”). Follow the road for approximately two miles to reach the A702 and turn right (signposted for “Moniaive”). The forest access track to Laggan (Point “A” on the sales plans) is approximately four miles from this junction.

Post Code: DG7 3DZ. It is strongly recommended that you do not rely on a Satnav in this rural location and check on a route map prior to any scheduled viewing.

TURBINE LEASE

Basic lease terms are summarised as follows:

Base rent:  £4000 per MW Installed Capacity from the “Rental Commencement Date” to the 14th anniversary. £8,000 per MW Installed Capacity from the 14th anniversary of Rental Commencement Date. Both RPI linked. Payable quarterly in advance.

Commissioning Date:  24 April 2018.

Ground Rent:  £333 per annum per Ha where timber crop is felled and not replanted. Applicable on a maximum of 33.37 Ha. RPI linked.

Index linked:  RPI from August 2013.

Variable Rent:  5% of Gross Income per annum from the “Rental Commencement Date” to the 14th anniversary. 6.5% of Gross Income per annum from the 14th anniversary of “Rental Commencement Date”.

Term:  30 years from the Date of Entry or 27 years from the Commissioning Date.

Copies of documentation are available from the selling agents to parties noting interest and confirming proof of funding.

AGENT’S AGREEMENT

An agent’s agreement is in place in favour of Rural Land Services (FIM) (now Gresham House) (dated 02/03/2005), who acted as the promoting agent. This carries an ongoing fee structure during the term of the lease, based on a commission of 10% of net annual income on the first £10,000 and 7.5% on the remaining income.

Copies of documentation are available from the selling agents to parties noting interest and confirming proof of funding.

ACCESS

Access rights, in so far as the title allows, are retained in favour of the land from points “A” to “B” on the access plan. The land does not retain any formal rights of access over the Blackcraig Windfarm access route.

PLANNING

Planning application (ref: 05/N/2/005) for the “Blackcraig Hill wind powered electricity generating station” was determined, granted consent and a deemed planning permission issued by the Scottish Ministers on 22 March 2011, following an appeal. The permission was granted subject to twenty-eight planning conditions. Of the conditions imposed, Condition 1 – “Expiry of Consent” imposes a 25 year “lifetime” on the development, from the first day of commissioning.

Copies of documentation are available from the selling agents to parties noting interest and confirming proof of funding.

LAND USE CLASSIFICATION FOR FORESTRY

The land is classified by the James Hutton Institute for forestry land use purposes as Class F5 and F6.

THIRD PARTY RIGHTS AND SERVITUDES

The land is sold subject to and with the benefit of all existing Wayleaves, Servitudes and Rights of Way and with the benefit of, and subject to, all existing rights and burdens within the title.

SPORTING RIGHTS

Sporting rights are included.

BOUNDARIES

Boundaries are clearly defined on the ground by way of mainly stone dykes to the north, south and west and post and wire fence forming the eastern boundary.  The north-west lease boundary is not defined on the ground.

MINERAL RIGHTS

Mineral rights are included in the sale, so far as the seller has title to them.

VIEWING

Viewing is possible at any time during daylight hours so long as potential purchasers are in possession of a set of these sale particulars. Please contact the Selling Agents in advance of your visit to arrange a viewing, as vehicular access is not possible from the public road, unless by prior arrangement. Access by foot over the forest access road from the public road is available at any time. For your own personal safety, please be aware of potential hazards when viewing, as the land forms part of a working windfarm and access is by way of a commercial forest, within which forestry operations are taking place. Viewing is carried out entirely at the viewer’s risk.

INFORMATION PACK

An information pack, including copies of key documents, will be available on request from the selling agents to all those who note interest through their solicitor and can provide acceptable proof of funding.

ANTI-MONEY LAUNDERING REGULATIONS

To comply with current Anti-Money Laundering Regulations, any offer presented must be accompanied with Notarised/ certified photographic evidence of the purchaser’s source of funding; identity; and separate evidence of the purchaser’s residential address, or the offering parties must attend our offices with the original documents, before any acceptance of the offer can be confirmed and the property put “Under Offer”.

SELLER’S SOLICITORS

Anderson Strathern

Rutland Court, Edinburgh, EH3 8EY

Tel: 0131 270 7700

www. andersonstrathern.co.uk

LOCAL AUTHORITY

Dumfries and Galloway Council

Council HQ, English Street, Dumfries, DG1 2DD

Tel: 030 33 33 3000

www.dumgal.gov.uk

Property Features
  • Other
Map

Contact Us

Walker Scott Ireland Ltd.
82 High Street,
Peebles,
Scottish Borders
EH45 8SW
Tel: 01721 721669
Email: enquiries@walkerscottireland.com
Company Number SC500115
Regulated by RICS
 


Scottish Letting Agent Registration – LARN2007001

Your house is many things to you – “bricks and mortar”; an investment; a roof over your head. But most importantly, it is home. Whatever residential service we provide, we recognise this. It is personal to you and we make sure it is personal to us.

Our understanding of the countryside and all that it provides runs deep. Agricultural properties, be they farmhouse, steading or land are the essential components to a successful enterprise. Our passion for farm property helps release your passion for farm production.

Whether an investment; a place of work; a future development, your property needs to work hard for you. The income it provides or space to trade from is key to you and your future. We make sure that your business is our business.