Hectares

wind turbine and easement
Rents
Rents

Overview

A park can generate income by renting out parts of the site to other users.  This can include renting out buildings and land.  It can be common to rent out a building or part of a site as a concession. A concession is an agreement allowing an external organisation to sell goods and services from your site.  These are described in more detail in the Concessions section of this website.

Wayleaves and easements are also included as a form of rental income.  A wayleave is the mechanism of providing access rights to a company to install and retain their cabling or piping across private land.  The company will make annual payments to the landowner; however these normally amount to only a few pounds in value.

An easement provides similar access rights as a wayleave.  However it is a one-off payment and it provides permanent access.  Easements are typically about 20 times the equivalent wayleave payment.  

Rental income can also be raised by issuing fishing licences to fishing clubs and renting land for the erection of communication masts.

It is important to clearly define the terms of any access to ensure activity on site does not have a detrimental impact.

Questions to Consider

The Land is suitable for
Identify any electricity cables and gas pipes you have on site. Check if you have a wayleave or easement agreement for each one.

The Land is suitable for
How long do you want the lease to last?

The Land is suitable for
What minimum rental income is acceptable?

The Land is suitable for
What is the user profile of your site? (e.g. families, sports enthusiasts etc)

The Land is suitable for
How would the activity impact on the quality of the site?

The Land is suitable for
Can renting out part of the site attract a new type of visitor? (e.g. corporate facilities)

Pros and Cons

The Land is suitable for
Can transfer maintenance of buildings and land as part of rent agreement.

The Land is suitable for
Fixed monthly income.

The Land is suitable for
Can be a way of generating income on buildings and land which you might not otherwise use.

The Land is suitable for
Increases the presence on site, which can help with security.

The Land is suitable for
Can attract additional visitors to your site.

The Land is suitable for
Wayleaves and easements do not make much income.
The Land is suitable for
Lose direct control of elements of your site.
The Land is suitable for
Communication masts can be contentious.
The Land is suitable for
Costs associated with maintenance if they are not included in contract agreement.
The Land is suitable for
Activity can conflict with other site users.

Case Studies

Langdon Lake and Meadow

Langdon Lake and Meadow

Langdon Lake and Meadows is a 16 hectare site that was formally agricultural land.  The site includes woodland, grass and scrub land and a lak...

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Morden Hall Park

Morden Hall Park

Morden Hall Park has been owned by the National Trust since 1941 when it was bequeathed to the Trust by Gilliat Edward Hatfeild.  It is free t...

View Case Study >