Farm Ireland

Sunday 18 February 2018

Wexford equestrian centre guided at €500,000

The 52ac holding is located near Crossabeg and is suitable for a variety of farming enterprises
The 52ac holding is located near Crossabeg and is suitable for a variety of farming enterprises

A well-established equestrian holding has come on the market near Crossabeg in Co Wexford.

Slaney Lodge, which is located off the N11, has been a noted stud for many years, producing national hunt and flat horses as well as being a pre-training centre for young horses..

The 52ac holding, which includes numerous farm building and stables, is on the market with a guide price of €500,000 which reflects the current price per acre in Wexford.

Auctioneer Frank McGuinness of Sherry FitzGerald O'Leary Kinsella says Slaney Lodge could obviously continue as an equestrian centre.

He also believes the holding could suit local farmers who might want to convert the land to other farming enterprises, particularly tillage.

"It is a nice and tidy property which could be used for a variety of farming enterprises," he said.

The holding goes up for auction on Friday, September 9 at The Riverside Park Hotel Enniscorthy.

Longford sale

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Frank Greene auctioneers is guiding €200,000 for a 34.5ac holding at Drumbaun near Ardagh which has potential for conversion to an equestrian centre.

The holding, which is laid out in five neat divisions of good quality land, contains a derelict single-storey farmhouse and a number of traditional farm buildings.

It is serviced by a deep-bore well, septic tank and electricity and also has planning permission for a residence.

"This land would be ideal for an equestrian centre," said Mr Greene. "It is relatively near Cavan and Athlone equestrian centres and we are aiming at this market.

"It is two-and-a-half miles from Ardagh and such a redevelopment would help in the rural renewal of the region."

The land parcel carries 13. livestock entitlements with a value of €4,000 and qualifies for additional area based payments and the Glas scheme.

"If the land is redeveloped it could double the amount of grant income", added Mr Greene.

Indo Farming