Farm Ireland

Friday 28 October 2016

Former AG's farm sells for €2.5m at auction

Jim O'Brien

Published 28/09/2016 | 02:30

The 234ac tillage farm is located at Gillstown near Slane
The 234ac tillage farm is located at Gillstown near Slane

A 234ac tillage farm at Gilltown, Slane in Co. Meath owned by former Attorney General John Rodgers made €2.5m or over €10,600/ac when it sold at auction last week.

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Mr Rodgers, who has a wide range of business interests is in the process of concentrating his commercial attention on his flourishing rapeseed oil business, Newgrange Gold.

The businessman/barrister and Labour Party member served as attorney general in the Labour/Fine Gael coalition government of 1984 to 1987.

Located 7km from Slane off the N2 the 234ac farm at Gilltown is a fine non-residential tillage holding.

Planted from ditch to ditch the ground is level fertile and dry. All the fields are surrounded by generous hedgerows making the farm eminently suitable for livestock, cattle or dairy.

One small portion is in grass that has been cut and baled for silage and another is in set-aside.

The property has plenty of road frontage and several access points as a public road divides it leaving 66ac at one side and 166ac at the other.

The larger portion is surrounded on four sides by public roads. A stream runs through the entire property.

At auction Raymond Potterton offered the farm in lots with the first lot consisting of 32ac laid out in three fields of wheat with frontage on to 180m of road while the second lot is made up of 34ac in stubble with 150m of road frontage and includes the two-column shed. Both these parcels sold together making €700,000 or €10,600/ac

The remaining 168ac was offered in two lots with the first consisting of 98ac in stubble and grass laid out 7 fields with 1,100m of road frontage.

This section includes the slatted shed and yard. The final lot is made up of 70ac in stubble laid out in six fields with 420m of frontage on three sides. On the day these parcels sold as one making €1.8m or over €10,700/ac.

Indo Farming