HAVING BEEN withdrawn from auction on Friday with not a single bid placed, Loftus Hall was sold on Monday night after an 'intensive weekend' of interest.
Up to 80 people packed into the Paddy Murphy Suite in the Brandon House Hotel on Friday afternoon as Loftus Hall went under the hammer at public auction.
Auctioneer John Radford from Sherry FitzGerald Radford started off the bidding at ¤1.8 million for the impressive nine bay mansion, however the opening bid quickly dropped down to ¤ 1 million and the property was withdrawn from auction after not one single bid was offered.
'It was unusual not to see any offers in the auction room but you could say there was a mini auction afterwards,' said John Radford, who was remaining tight lipped as to who the new owner is.
'The vendors are very pleased with the result,' said John, who believes the property will now be used as a commercial venture.
'The people who are looking at it are sympathetic to what is there,' added John.
Loftus Hall extends to some 27,124 square feet, boasts seven reception rooms, 22 bedrooms, and a function room, and sits on approximately 63 acres with a beautiful private beach.
The property was built by the Marquis of Ely in 1870 on the ruins of Redmond Hall, which was in existence since 1350. Purchased by the Loftus Family in 1600s, the property became known as Loftus Hall.
During the 18th century Charles Tottenham came to live in Loftus Hall and this is where the Legend of Loftus Hall originated.
According to legend a stranger who was looking for accommodation on a stormy night was invited in by the Totenhams to play cards.
During the card game a lady bent over to retrieve a fallen card and was shocked to discover a cloven foot. It is said that the stranger vanished through the ceiling in a puff of smoke.
Loftus Hall was then exorcised by Father Thomas Broaders whose powers worked. He later became Parish Priest of the parishes of the Hook and Ramsgrange for almost fifty years.
The building in which the legend is associated was levelled to the ground in 1870 and the present day mansion was erected in its place.
The property was run as a country hotel by the Devereux family until the late eighties.