Monkcastle Wind Turbine, Southwaite, Carlisle, Cumbria, CA4 0PZ

£3,000,000 - SALE

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Monkcastle Wind Turbine, Southwaite, Carlisle, Cumbria, CA4 0PZ
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Savills Rural
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Savills Rural
33, Margaret Street
London
Greater London
W1G 0JD
United Kingdom
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Monkcastle Wind Turbine, Southwaite, Carlisle, Cumbria, CA4 0PZ
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02074998644
Savills Rural

Description

A rare opportunity to purchase a 500kW Enercon E48 wind turbine, inclusive of the freehold.

Description

Situation
Monkcastle Wind Turbine sits south of Carlisle close to the M6 motorway, which provides swift access north-south and eastwest via the A66 and A69.

Wind turbine
The sale comprises of a 500kW Enercon E48 turbine sited on a 50 metre tower and commissioned in 2016. The turbine has the benefit of a maintenance contract for 17 years from commissioning date with guaranteed operational efficiency.

Warranty – Enercon Partner Konzept (EPK)
The manufacturer, Enercon, provide a 17 year maintenance and performance warranty with the turbine. The warranty provides a 95% availability guarantee during the term of the agreement. The annual charge in December 2023 was £27,171, further contractual details are available on request.

Accreditation
The turbine was accredited by OFGEM (FIT & REGO) with an
effective date of 9th September 2016.

Purchase basis
Offers are invited for the share capital Birchwood Renewables
Ltd which will include the freehold of the site edged red on the sale plan. The turbine forms part of a wider farm sale and could be purchased together with these assets.

Monkcastle Farm
The wind turbine forms part of a wider integrated pig unit which includes breeding, nursery and finishing accommodation, this also includes five bungalows, arable and woodland.

Direct energy supply opportunities
The turbine current supplies power to Monkcastle Farm, in the
same ownership. Should the sale of the turbine proceed on a standalone basis, it is proposed the owner of the farm will purchase electricity at premium above basic export price.

Date posted: 07/02/24