Farm Ireland

Tuesday 16 January 2018

Negotiations continue after withdrawal of Sligo farm

Jim O'Brien

Jim O'Brien

An 82ac grass farm at Doobeg, Ballymote, Sligo described as a prime fattening ground was withdrawn from auction recently after reaching a price of €445,000.

Located two miles from the N4, two miles from Ballymote and 12 miles from Sligo, the property is well fenced for sheep and comes with a four-bay haybarn, a lean-to and yard with stock handling facilities.

Auctioneer Eamon Scanlon described the land as consisting of 70ac of good farmland and 12ac of forestry with premia left for the next five years.

Income from the forestry and other entitlements come to about €6,000 per annum.

The property opened at €400,000 and with three bidders in action it rose to €445,000 and was withdrawn at that point.

Active negotiations have been continuing with one of the parties and Mr Scanlon is hopeful of an imminent conclusion to the deal.

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