Join us in a new venture

We are very excited to announce that South Devon Railway Limited (the operating company of the South Devon Railway) has now launched a £3m share issue to raise capital in order to continue improving our railway and the ongoing preservation and restoration of our locomotives, rolling stock and infrastructure. We have also identified several major projects which, we believe, will greatly enhance the presentation and interpretation facilities for everyone, be they visitors to the railway, volunteers or members.

Projects include:

  • A new building for carriage repairs
  • Construction of phase 2 of the running and maintenance shed
  • New visitor facilities at Buckfastleigh
  • Reducing our environmental impact
  • Station improvements
  • Locomotive restoration
  • Upgraded museum at Buckfastleigh

Full details about the share issue and how to buy shares are available in the documents on this page here, and details about how to buy shares are here. You can also sign up to our mailing list for share issue updates straight to your inbox!

As a thank you for joining our Society and being a part of our future journey, you will receive a number of benefits for all the time you retain your shares, including –

  • Two return tickets each year
  • Regular newsletters
  • Discounts in South Devon Railway Gifts & Models
  • Exclusive members’ train and reception.
  • Plus much more!

Share Issue updates

About our share issue

We have produced a video to explain more details about our share issue and what our plans are, you can watch it now below.

GWR Locomotive 3205

We are delighted to announce that one of the projects to benefit from our share issue is planned to be the restoration of Great Western Railway 2251 Class Locomotive No. 3205. This is as a result of a groundbreaking collaboration with the 2251 Locomotive Fund that sees the SDR become the custodians of the renowned locomotive for the next 50 years.

The 2251 Locomotive Fund, owners of 3205 since withdrawal from British Railways in 1965, has chosen South Devon Railway as the ideal custodial home for the locomotive. Recognising South Devon Railway’s track record and passion for preserving the golden age of steam locomotion, the 2251 Locomotive Fund is confident that 3205 will thrive under their care.

This agreement ensures that 3205, which was built at Swindon Works in 1946, will find a permanent residence at the South Devon Railway, where it will not only be preserved but also celebrated, serving as a living testament to the rich history of rail travel on the Great Western Railway.

Watch our  video below to learn more about this exciting development.

Offer document and business plan

How to buy shares

You can buy your shares in South Devon Railway Limited online now!

Before subscribing, please ensure you have studied the above documents carefully.

You can also buy shares by the following means:

  • Download and print an application form, and return it by post to us. Payment can be made via cheque (included with your application form) or by bank transfer. Full details are on the application form. – Download printable form.
  • Download and complete an application form electronically, and return it to us by email. Download online form.

Payment by installment is available – please see the application form for details.

We do hope that you will like what you see and be prepared to contribute as much as you can, we will be delighted to welcome you as a shareholder. We have set an ambitious target and the more we get above the minimum required to make the issue a success the more of our projects we will be able to complete and make the SDR fit for many more years.

Please note that all applications will be acknowledged and your share certificate and benefits card will be dispatched when the issue closes or, in the case of those paying by instalments, when your pledged subscription is paid in full.

Please address all written correspondence to:
Share Offer
South Devon Railway Limited
The Station
TQ11 0DZ

Or contact us by email.

Or contact us by phone on: 01364 644370

Keep up to date!

If you’d like to be kept up to date with all the latest news on the South Devon Railway’s share issue, please complete the form with your details. By signing up, you are agreeing to the South Devon Railway storing your data for the purposes of sending you marketing communications relating to South Devon Railway share issues.

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