BALLYBOLEY ROAD LARNE

Sale Agreed

Viewing: Anytime

Price:625,000
ZIP:BT40
  • Ballyboley Road

    LARNE Co Antrim

     

     

    Property Description

    CIRCA 66 ACRES OF GOOD QUALITY AGRICULTURAL LAND IN AN EXCELLENT LOCATION AND WITH THE BENEFIT OF A WIND TURBINE LEASE

    The lands, which have excellent frontage to the Ballyboley Road and Ballymullock Road, Larne are particularly well located a short distance from Larne with part of the land adjacent to the current development limit. The lands are suitable for both cutting and grazing are well fenced and have a good natural water supply. BPS entitlements are not available.

    The lands include a 250kW wind turbine currently held under a 28 year lease from September 2011 to NRG Wind Solutions Ltd. The rent is 10% of the gross income received by the tenant in each year from the sale of the electricity generated by the wind turbine on the property, or the minimum guaranteed rent of £20 per annum per kW equivalent to £5000. The rental payment for 2017 was £11,340. (Offers may be considered for the turbine lease separately).

    This is an excellent parcel of land in a popular agricultural area and early inspection is highly recommended.

    Property Files

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