Farm Ireland
Independent.ie

Thursday 26 April 2018

Broomfield has plenty still to offer

Jim O’Brien

Broomfield House on 130ac located at Slane, Co Meath was withdrawn from auction last week, but a 30ac section of the land was since sold by private treaty for more than €300,000.

Situated three miles from Slane and 11 miles from Navan, the house is described by auctioneer Thomas Potterton as an attractive, modern, four -bedroom, two-storey structure.

The yard contains a wide range of farm buildings, including five loose boxes along with a series of loose sheds and lean-tos.

The yard has accommodation for up to 150 cattle and housing for up to 700 ewes.

EXTENSIVE

The land, described as top quality tillage ground, is currently under a crop of spring corn and enjoys extensive road frontage on to two roads.

A decent attendance showed for the auction and the sale began when the farm was offered in lots.

Lot one, including the house and yard on 53.5ac, attracted no bids.

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Lot two, a 46.6ac laid parcel in two fields attracted one bid of €300,000.

The only lot to sell since auction was lot three, a 30ac parcel all in one field and separated from the rest by a minor road.

NEGOTIATION

At auction it attracted two bidders and after opening at €250,000, it was bid to €270,000.

Mr Potterton entered negotiation with the highest bidder immediately after the auction and the property was sold by private treaty for more than €300,000.

The entire property caught the attention of two bidders opening at €900,000 and withdrawn at €920,000.

While disappointed at the failure to sell on the day, Mr Potterton said he was happy with the level of interest since the auction and with the sale of the 30ac. He is guiding the sale of the remainder at €800,000.

Irish Independent