Farm Ireland
Independent.ie

Thursday 23 November 2017

Athlone farm with €3.5 m guide withdrawn as bids fall short

Jim O'Brien

Jim O'Brien

One of the biggest farms to come to auction in the Midlands in recent times was withdrawn without selling during the week.

Extending to 270ac with extensive sheds, the residential farm was guided at €3.5m.

Located between Glasson and Tubberclair near Athlone, the farm is in three divisions.

The house and yards on 190ac are in one block at Glasson, with a 50ac parcel of tillage located less than 0.5km away and a 30ac parcel in the neighbouring village of Tubberclair fronting the Ballymahon to Athlone road.

The two-storey, four bedroom house was built in the 1990s with accommodation that includes a family room, sitting room, kitchen/dining room, four bedrooms and a bathroom.

Immediately adjacent to the house is a triple garage.

Buildings

The farm buildings have accommodation for up to 500 head of livestock and include two eight-bay sheds, one seven-bay shed, one large machinery storage shed, a dry bed shed and a purpose built grain storage shed with the high roof built to accommodate tipper trucks.

Also Read


The auction was attended by a substantial crowd and there was interest from local buyers and one Northern buyer.

The keener bidding was on the lots with no real bids on the entire property.

The property was withdrawn when the cumulative offers for the lots stalled at €2.8m, well short of the €3.5m guide price.

However, a spokeswoman for O'Roarke Bros Auctioneers, Moate, says there is on-going active local interest in the various lots.

Indo Farming