Louth tillage farm set to change hands for first time in 250 years
A substantial Co Louth coastal farm that has been in the same family for over 250 years is coming to market by public auction.
The holding comprises 115ac of top-quality tillage land laid out in two blocks intersected by the village of Salterstown. It comes to auction with a guide price of between €9,500 and €10,500/ac.
Located 9km west of the M1 and 2km from the village of Annagassan, the farm commands some lovely views over the Cooley peninsula. It is described by Chris Smith of Gunne Auctioneers, Navan, as well-maintained, in excellent condition and ready for replanting/resowing. All but 5ac of the holding is in tillage. There is a sizeable, old-style, quadrant farmyard complete with stone outhouses, sheds and a derelict farmhouse with its own well. This could be rebuilt as a residence subject to planning permission.
The farm will be offered for sale in four smaller lots with a fifth lot comprising the entire. The lots are arranged as follows:
Lot one comprising 7.9ac is located in the heart of Salterstown village. It includes the farmyard and derelict house on 1.9ac. This lot also includes an adjacent 6ac field under tillage, According to Mr Smith the yard and 7.9ac would be suitable as a horse training/stabling facility among other uses.
Lot two comprises 41.25ac set out in five fields with up to 500m of road frontage.
Lot three is an 11ac, partially elevated field that is currently in tillage. It has 400m of road frontage and great sea views.
Lot four comprises 55.35ac laid out in five fields divided by well-maintained hedgerows. One of the fields has plenty of frontage on to the coast road with fine views of Dundalk Bay, the Cooley Peninsula and the Mourne Mountains.
The auctioneer reports very strong interest in the holding. "A farm of this quality, size and structure rarely comes to market in Louth and we have had significant interest from both locals and farmers in Northern Ireland," he said.
The auction takes place at 3pm on October 16 at the Boyne Valley Hotel, Drogheda.
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