Farm Ireland
Independent.ie

Wednesday 21 February 2018

Echo of the past in 182ac Cavan farm

Jim O'Brien

Jim O'Brien

Cornasesk Estate, located near Virginia in Co Cavan, is a 182ac working farm adorned with the relics of a bygone age.

The estate includes parkland pasture, a small gate lodge, stone-built farm buildings and the ruin of the former Cornasesk House, which was destroyed by fire in 2006.

The farm, which has a panoramic view over Lough Ramor on the edge of Virginia, comes with €27,000 in annual payments and is for sale by public auction with a guide price of €1.2 million or €6,500-7,000/ac. Cornasesk is located just south of Virginia and a short distance off the N3.

The old house, destroyed by a fire, was a traditional period two-storey farmhouse, dating back to about 1850.

Attached to the remnants of the house is a courtyard with lean-to machinery sheds and a garden area to the rear. Also included is a small gate lodge with two rooms, which was recently rewired and dry-lined. According to Pat O'Hagan of selling agents, Savills, the lands are mainly in grass, with about 30ac having been tilled recently and 7ac in forestry along the stud-railed avenue leading to the old house and yards. The farm is in REPS 4 up to 2014 and with the SFP, the annual payments come to €27,000.

The lands are laid out in good-sized divisions with access to the Mullagh road. The largest feilds are over 25ac, but most are 10-15ac.

The property includes a stone-built farmyard, bell tower and two-storey houses, offering potential for restoration.

The property comes with full planning permission for a golf course, hotel and luxury housing, but the farm is priced at its agricultural value.

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Pat O'Hagan believes Cornasesk has potential on many fronts.

The ruins of Cornasesk House sit on an elevated site and could be restored to make a fine country house overlooking the lakes below, he says.

The auction takes place at 3pm in the Lakeside Manor Hotel, Virginia, on Tuesday, June 26.

Indo Farming