Lively bidding expected for prime Longford land
One of the biggest farms to come to auction this year is a 345ac non-residential holding located at Abbeyshrule, close to Ballymahon in Co Longford.
It comes to public auction with a guide price of €3.27m or €9,500/ac. The property was bought back in 2005 for €4.9m.
Situated at Clynan, Abbeyshrule, just off the R392 Ballymahon to Mullingar road, the farm has no buildings aside from the ruins of Clynan House and some cattle handling facilities.
The farm is part of an old landed estate that is bounded by a wooded shelterbelt and the River Inny.
It comes with entitlements of €12,147 per annum and one remaining forestry premium of €5,700. The 345ac of land is laid out in four divisions, two of which are bounded by the River Inny, while the rest has excellent road frontage on to the road leading to Abbeyshrule village.
The farm is dotted with mature trees that were tended to by a tree surgeon hired by the previous owner after he bought the farm in 2005.
Auctioneer Jackie White of selling agents Raymond White says the farm consists of 268ac of the best of grazing ground and a block of 77ac of forestry.
The plantation is a mixture of soft timbers and ash and, with one premium remaining, is ready for thinning.