Lively bidding expected for prime Longford land
Published 31/10/2012 | 06:00
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.
The farm will be sold in a series of manageable lots, with each of the grassland pieces coming with cattle handling facilities.
Lot 1 extends to approximately 108ac of prime land with substantial road frontage.
This lot includes the ruins of Clynan House, which is situated at the heart of the woodland. The remains of the Clynan walled garden would make for a great restoration project.
The second lot consists of 58ac of good quality fattening land with ample road frontage.
This also offers good cattle handling facilities, is well fenced and bounded on one side by the river Inny.
The 102ac in Lot 3 contain the best of the land.
This section has a mains water supply, is well fenced with good road frontage and comes with excellent cattle handling facilities.
Forestry extending to 77ac makes up Lot 4.
Planted in 1999, it has good access and has one final premium payment of €5,700 left to be paid out.
The entire grassland of 268 ac makes up Lot 5.
Jackie White describes interest in the property as extremely lively, with prospective customers from far and near walking the land every day.
The holding will be sold at auction at the Mullingar Park Hotel at 2.30pm on Friday, November 9.
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