Summary - BOGHEAD FARM, STRATHAVEN ROAD, HAMILTON ML3 8RY
1 bed 1 bath Land
Operational renewable income with short lease time — suited to cash or specialist buyers.
500 kW wind turbine on a 0.77 acre plot
A single-site investment opportunity: the landlord’s interest in a 500 kW wind turbine sited on approximately 0.77 acres at Boghead Farm, on the outskirts of Hamilton. The turbine generates an index‑linked base rent of £15,000 per year plus production-related top-up payments; in 2024 total income exceeded £40,000. The site sits in open countryside, roughly 4 miles south of Hamilton and 4 miles north of Strathaven, with fast broadband and average mobile signal.
This is aimed at buyers seeking an operational renewable-income asset rather than a long residential lease. The lease has 18 years remaining with an option to renew; income is linked to both the base rent and energy production, offering upside in windy years. The plot is very large and visually dominated by the turbine, suiting continued renewable use or similar low‑impact uses.
There are important practical constraints. The ground rent/base rent of £15,000 per annum is high relative to plot size. Only 18 years remain on the lease — mortgage lenders will likely refuse to lend against this interest, so purchase will typically need to be cash or specialist funding. Tenure is recorded as leasehold and details should be checked; any buyer must review the lease terms and renewal provisions thoroughly.
A closing date is set for Thursday 30th October at noon. This listing suits an investor or specialist purchaser who understands renewable income, can accept leasehold limitations, and is prepared to carry out detailed lease and technical due diligence before proceeding.
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