Farm Ireland
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Wednesday 18 January 2017

Ready-made beef farm a Royal gem

Lively auction expected for this 'farmer's farm' as wealthy landowners tipped to make a move

Jim O'Brien

Published 05/10/2010 | 05:00

This farm, laid out in 22 divisions and currently all in grass
This farm, laid out in 22 divisions and currently all in grass

When a 313ac farm goes for auction at the Snail Box Pub in Kilmoon, Ashbourne, Co Meath, on October 21, it is hoped the pace of the sale will not reflect the speed of the creature that gives its name to the venue.

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The farm, at Slanestown, Rathfeigh, is described as a 'farmer's farm', a top-quality holding that is currently all in grass and laid out in 22 divisions. It is served partially by an internal road and by its own water supply.

Superbly located just north of Ashbourne, near Kilmoon Cross on the N2 Dublin to Derry road, the farm is close to Ashbourne, Tara, Ratoath, Navan, Dublin Airport and the M50.

Pat O'Hagan, of selling agents Savills, said that the holding, which was recently in tillage, is now entirely in grass and is a ready-made beef operation with extensive fattening and wintering facilities.

The property will be offered at auction in three lots. Lot one consists of 136ac and an extensive range of farm buildings. These include a five-bay shed, and six, four-bay sheds, which open onto a 20ft slatted feeding passage with raised water troughs and separating gates.

Lot two is made up of 177ac of attractive grassland, gently sloping to the main road. This section also comes with a wide selection of big gathering pens.

Lot three is the entire.

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Joint agents Savills and Goffs are guiding the farm at €10,000/ac, which appears to be the average price paid for ground in the area this year.

"This is a fair price, given the quality of the land," said Mr O'Hagan. "There is huge interest and we expect a lively auction."

Given the size of this particular block of land, and the fact that few farms of note come on the market in this area, it wouldn't be any great surprise if the farm made a good deal more than the guide.

Several landowners north of the capital are also sitting on sizeable windfalls from property sold during the boom and they might just be tempted by the quality and value offered by this particular holding.

Irish Independent