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) is, on 1st December 2023, launching 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

We will be adding further information about some of our planned major projects over the coming weeks, so keep an eye out for updates – or even better sign up to our mailing list for 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!

Our share issue launches on 1st December 2023. The offer document, business plan and ability to purchase shares will be available on this webpage from this date.

Share Issue updates

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

The share issue offer document and business plan will be available here on 1st December 2023.

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.