Sixmilebridge Mart guided at €450k as interest drives sale
Published 02/02/2010 | 05:00
THE FUTURE ownership of the Golden Vale Mart at Sixmilebridge, Co Clare, could be known within a month.
A "good level of interest" is said to have been expressed in the property, while the target price for the mart has been reduced by a quarter.
The property is now guided at €450,000, a drop of €150,000 from the asking price outlined to a delegation of farmers from the Sixmilebridge area who met GVM management before Christmas.
The delegation sought the meeting, with a view to acquiring the mart and continuing livestock trading for the area, and was then told the asking price was €600,000.
Sale handler Tom Crosse, manager GVM Property Sales, Limerick, said there has been a good level of interest in the property from a combination of farmer and industrial interests.
The mart is located close to Limerick city, Shannon Airport and the new tunnel linking Limerick and Clare, which is set to open in the middle of this year. However, it is still unclear whether the premises will be retained as a mart or the site converted for industrial use.
Mr Crosse confirmed that a group of local farmers are among five parties who have expressed an interest in buying the livestock mart, part of the farmer-controlled GVM Group.