Gilligan's Jessbrook centre sold for €550,000
Published 22/03/2014 | 02:30
JESSBROOK equestrian centre has been sold to a stables owner after being seized from former crime boss John Gilligan by the Criminal Assets Bureau (CAB).
The sale was finally completed yesterday when contracts were signed and a closing date fixed for next week.
The property, at Mucklon, on the Kildare-Meath border, has been sold for close to the asking price of €550,000.
The CAB will not confirm the identity of the purchaser but it is understood to be the owner of a competition, livery and breaking yard in Leinster.
The purchaser, who is well known in the equestrian world, could not be contacted for comment last night.
Nine potential purchasers expressed an interest in the property after it was put up for sale in three lots last September.
A sale had then been agreed shortly before Christmas, but the final details were not worked out until yesterday.
Gilligan was shot and seriously injured in a gun attack at his brother's home in Clondalkin, west Dublin, almost three weeks ago.
He is now receiving treatment in the UK.