Torbay's Occombe Festival will not be taking place this year.
The event, which would have been in its 15th year, has been cancelled while work takes place to redevelop the site.
Organisers, The Torbay Coast and Countryside Trust, say the event will return next year.
Chief Exec Damian Offer said: "Giving the festival a break was a really tough decision.
"It's become a well-supported and much-loved event in Torbay’s calendar.
"But we are a small team, with a lot planned and the farm could be a building site by June.
"We’ve considered alternative options but had to accept it’s just not feasible to run Occombe Festival in 2020”.
"We’re not saying never again, just not this year!"
Profits from the festival are used to fund the work of The Torbay Coast and Countryside Trust.