Farming

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Deadline draws near on Premier 63ac

Final offers for a 63ac farm at Newport, Co Tipperary, must be lodged with John Lee Auctioneers in Newport by noon on Friday, March 16.

This holding is described by auctioneer James Lee as a fine property. It is for sale by private treaty with a guide price of €400,000 (€6,500/ac).

This roadside, non-residential farm is located on the Clare Glens road adjacent to the centre of the town and includes 45-50ac of what Mr Lee describes as "very good land".

The balance is comprised of softer ground.

Glory

In its day, the property was well farmed but in recent years it has been neglected and could do with attention.

According to Mr Lee, it is a fine piece of property that wouldn't take much to bring it back to its former glory.

Meanwhile, at Croughafoil, Doon, Co Limerick, Mr Lee is selling an agricultural and forestry holding extending to 67ac.

This farm consists of 37ac of planted spruce at the non-farmer rate and 30ac of farmland that comes with a derelict old residence.

The premium on the forestry is paid at the non-farmer rate of €72.50-77/ac, yielding an annual premium of €2,680-2,850. The guide price for this holding is a modest €120,000 and, given the income from the premium and the possibilities offered by the lands and the derelict house, the property should attract decent interest.

Indo Farming