A midlands farm that ticks all the boxes
Published 26/08/2015 | 02:30
The mid-August sun was splitting the rocks when I called to visit Park Stud, a fine residential equestrian and drystock property extending to 135ac near Kinnegad.
Located 8km from Edenderry and 55km from Dublin, the Co Westmeath farm was a successful stud farm for many years and a renowned training yard for John Oxx and Liam Browne.
Among the animals to graze its paddocks was Arctic Prince who won the 1951 Epsom Derby and made a record price when he was sold into stud in the US in 1956 for $900,000.
The property consists of 135ac of mainly dry grazing ground, a solid traditional stone residence, an extensive stable yard and substantial cattle accommodation.
The holding is to be sold at public auction with a guide price of €1.5m.
Located in a lovely rural setting the farm has road frontage of 1km on to two roads with several access points.
The house would appear to be a mid 19th century construction and it is surrounded by lovely gardens. The front door opens into a hallway with a fine wooden staircase. At one side of the hall is a spacious drawing room and at the other a traditional dining room.
To the rear is a fully fitted kitchen leading to a comfortable lounge area. The ground floor also includes a utility room and a guest WC. Upstairs are four spacious bedrooms, one of which has ensuite facilities.
There are many original features in the house including fireplaces and some ornate plasterwork.
The building is in fine condition throughout and new owners could move in immediately.
Behind the house is a long single-storey building that is currently used for storage and a double garage.
This could easily be converted to provide additional living accommodation, play space or office space.
The stable yard accommodates 30 loose boxes in pristine condition arranged at either side of a gravel yard, with an attractive circle of trees at the centre.
Other facilities include an automated horse walker, a tack room and a sand arena.
The land is ideally suited for grazing or tillage and, aside from one rushy field, the ground is in great condition.
It is divided into more than 10 large fields and a number of smaller fields. One 25ac parcel has all the signs of recent reseeding while the rest is in good heart but could do with topping.
The farm is let at the moment with an equestrian business taking the stable yard and some paddocks, while the larger portion is in drystock and home to a Limousin herd.
There is a series of hardcore roadways throughout the property.
The fencing along the roadways is of the solid post-and-rail type while the steel gates leading to the fields are complete with wire mesh and well hung. There is extensive hedgerow fencing providing great shelter.
Livestock accommodation includes an A-roofed shed with slatted floors and space for up to 150 head of cattle.
There is a large, walled silage pit and a four-column haybarn with lean-to that could be used for fodder storage or converted into calving pens and calf pens. There is also a range of impressive cattle and horse handling facilities.
While the farm is to be sold as an entire at auction, Jimmy Murtagh says that some customers are interested in the equestrian facilities along with a smaller portion of land while others have a keen interest in the land on its own. Division of the property hasn't yet been ruled out.
In whatever shape it comes to auction, this is a fine property and is genuinely suited to bloodstock, livestock, dairying or tillage.
The auction tales place at the Greville Arms Hotel, Mullingar at 3pm on Friday, September 25.