Farm Ireland

Thursday 18 January 2018

Quality farm with considerable quarry potential set for auction

Jim O’Brien

A 106ac residential farm located near Mullingar that was once owned by Herr Pam, a well-known German cattle exporter, has come on the market with a guide price of €900,000. The current owner, George Case, is retiring from farming.

Located at Portnashangan, about four miles from Mullingar and overlooking Lough Owel, the farm comes with a solid, modern brick house, an extensive farmyard and land described by selling agent Eddie King as quality grazing ground that is 80pc arable.

The residence is a solid, two-storey brick house extending to 2,400sqft and built in 1985. Ground floor accommodation includes an entrance hall, lounge, kitchen, dining room, utility, and guest WC. The first floor includes a master bedroom with en suite facilities, three double rooms and a bathroom.

The extensive yard facilities include a double garage, four horse boxes (48' x 15'), a six-bay lean-to (50' x 50'), a slatted shed with accommodation for 100 cattle, a cattle pen and crush, a sheep dipping tank and slurry facilities with a 2,000 gallon storage tank compliant with current EU regulations.

The lands are all in grass and run down to the River Gaine, which bounds the property.

The farm is fenced throughout with sheep wire and barbed wire and water is supplied by mains water and a supply from the river.

The farm, which carries €5,500 in entitlements and has considerable quarry potential, will be offered for sale in lots. Lot 1 comprising the residence on 15ac comes with a guide price of €450,000. Lot two, comprising 90ac, will also be guided at €450,000, while a price tag of €900,000 will guide the entire.

The auction will be held at the Greville Arms, Mullingar at 3pm on Thursday, September 26.

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