Farm Ireland

Wednesday 21 March 2018

A 'Suir Tipp' for €3m

Jim O'Brien

Jim O'Brien

One of the largest residential farms to come on the market this year is for sale in one of the most saleable parts of the country, South Tipperary.

Glencastle House located at Glen Lower, Kilsheelan, Co Tipperary, stands on c.269ac.

The farm is in one block and incorporates c.31ac in forestry. The private treaty sale is being guided at €3m.

Approached from a sweeping tree-lined avenue through paddocks divided by post and rail fencing, Glencastle House is a period residence dating back to the early 17th century.

Surrounded by landscaped gardens and mature trees, the two-storey house overlooks the River Suir. The property is located within three miles of the village of Kilsheelan, five miles from Carrick-on-Suir and nine miles from Clonmel.

The residence consists of an entrance hall, drawing room, dining room, a kitchen-cum-dining area with fitted kitchen and solid fuel stove, four bedrooms, a fully fitted bathroom and oil fired central heating. The building is perfectly habitable at present but could do with some modernisation.

There is an extensive farmyard with a range of buildings that include a slatted unit with accommodation for 300 cattle, a holding area, a number of concrete yards, a hay-barn, and silage slab.

Approximately 238ac of the land is in tillage and pasture, with the remaining 31ac in forestry delivering a premium of €4,375 annually.

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The land is laid out in one block and comes with some road frontage. According to Neville Stanley of Cillin Hill Auctioneers, the farm is suitable for all types of farming, particularly dairying, tillage or bloodstock.

"It is one of the finest in the area," he said. "It is dry, deep, rich and fertile. Even throughout this wet year, you could take any kind of stock, vehicle or machinery on to it."

Laid out in a number of large flat fields, the farm is fenced with mature boundary hedging and some post and rail. Access to the fields is provided by an internal farm roadway.

The property, which is bounded by the Suir with its renowned salmon and trout stocks, comes with 1.5 miles of river frontage and fishing rights. While these rights are leased at present, the lease agreement is due to expire in November 2014.

The services to the property include a private well, access to a group water scheme and a natural supply.

Neville Stanley and joint auctioneers Collins O'Meara are expecting countrywide interest in the property.

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