Farm Ireland

Monday 23 October 2017

Abbey ruins form part of 1,170ac Kilcooley estate

Jim O'Brien

Jim O'Brien

Kilcooley Abbey Estate is one of the largest parcels of land to come on the market in Ireland in recent years.

Located at Urlingford, three miles inside the Tipperary county boundary, it comes with freehold title to more than 1,170ac, an 18th Century mansion, five staff houses, a range of old outbuildings and contains the ruins of historic Kilcooley Abbey.

The entire comes with a guide price of €2.75m. A total of 950ac is subject to a 150-year lease with Coillte, which is due to expire in 2084.

At that point, Coillte is obliged to return the land to a proper agricultural state prior to being handed back. According to Marcus Magnier, of selling agents Colliers, the main farm consists of 178ac of good grassland and 40ac that includes woodland, avenues and grounds around the house.

There is also a five-acre lake with a boathouse. The land has been rented for quite some time and up to two years ago was in tillage.

Since then, it has been fully reseeded and returned to grass.

The main house, an 18th-Century mansion, has been in the Ponsonby family since the 1700s and was lived in by the family until it was sold to the present owner in 2008. This highly ornate residence is in need of attention and repair.

There are five staff houses, three of which are occupied but will be subject to vacant possession as part of the sale.

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Beyond the house is an extensive range of outbuildings of varying age and condition, including old wintering units, barns and open fronted machinery sheds. The original quadrangular courtyard is in poor repair. However, two sides still retain the lines of original loose boxes. The property is for sale by private treaty in its entirety and as one lot.

Jim O'Brien

Indo Farming