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Lissaquill, Tang, Co. Westmeath


Type
Agricultural

Status
Sold

Size
129,499 sq.m.

Description

James L Murtagh auctioneers are delighted to present this c.127-acre former dairy farm at Lissaquill, Tang, Co. Westmeath N39 H312 for sale by public auction.

Located off the N55 between Athlone and Ballymahon the extensive undulating grass farm is at two sides of a country road 3km south of the village of Tang, 7km south of Ballymahon and 18km northeast of Athlone.

The farm is being sold without the residence but includes a substantial yard with accommodation for 130 cattle along with c.103 acres of grazing ground and 23.74 acres of mixed forestry with premiums remaining.

The grassland is laid out in a series of large fields at either side of a country road and includes a mix of elevated meadows and some low-lying ground that is well drained. The fields are divided by traditional hedgerow and the farm is dotted with some fine stands of trees providing plenty of shelter. The land has generous amounts of road frontage, is serviced by an internal roadway and all the fields are watered.

The bulk of the land, 79 acres of grazing and 16 acres of forestry, is located around the farmyard while across the road is a 25.26-acre parcel of grassland and a small 6.74ac forestry plantation.

The yard is made up of an extensive range of sheds including a A-roof four column, steel frame sheds with a central passage and slatted accommodation at either side and older four column enclosed haybarn with cubicles and lean-tos at either. There are two free standing lean-to type sheds on an open four-bay building suitable for machinery or fodder storage and the other is an older shed with four individual compartments with steel doors. There is also a feed-bin, a walled silage slab and cattle handling facilities.

The holding was once home to a dairy operation that could be revived with some additions to the infrastructure. As it stands, it has everything needed for a fine beef or sheep enterprise.

Lots
The holding will be brought to auction and sold as an entire or in lots as follows:

– Lot 1. c.95 acre with the sheds and including c.16 acres of forestry
– Lot 2. c.32 acres including 6.74 acres forestry
– Lot 3. Entire

Auction: The auction takes place at the Athlone Springs Hotel at 3.30pm on Friday, July 21 2023

Solicitor: Mr Mark Connellan, Connellan & Co Solicitors, Longford.

Forestry Premium note below:

Lot 1 consists of approximately 5.34 hectares with a premium of 458.86 per hectare per annum totalling 2450.33 planted in 2018 on a 15-year contract and is made up of mostly alder with some broadleaf. Lot 1 also includes 1.07 hectares, held in a separate contract, with a premium of 580.47 per hectare per annum totalling 615.29 per annum planted in 2013 on a 20-year contract and is made up of Norway spruce, alder and biodiversity plot.

Lot 2 consists of approximately 2.64 hectares with a premium of 580.47 per hectare per annum totalling 1532.44 per annum planted in 2013 on a 20-year contract and is made up of Norway spruce, alder and biodiversity plot.

Registration: In order to bid at the auction, it will be necessary to register with our office before Friday 14th July 2023. The auctioneer assumes the bidder is bidding for himself or herself. If the bidder intends to purchase a lot in a name other than his or her personal name, arrangements must be made with the auctioneers in advance. By registering, you are deemed to have accepted the terms and conditions of the auction and authorised us, as agents for the vendor, to sign the completed contract for sale on your behalf. A deposit of 30,000 is required in order to bid for the entire property online. These deposits are payable in advance of the auction by online bank transfer. Our bank details will be provided to you at registration. The successful bidder’s deposit will become nonrefundable as soon as the property is sold and a binding contract is entered into and the agents are hereby authorized to sign the Contract for Sale on your behalf. The deposit payable on the signing of the contract is 10% of the purchase price. If there is a shortfall in the deposit furnished by the purchaser prior to the auction, then the purchaser shall be required to lodge the balance of the deposit with the auctioneers within one business day of the online auction. If you are not the successful purchaser, your deposit will be returned to you in full. For further details contact us at James L Murtagh Auctioneers, 34 Mount Street, Mullingar, Co Westmeath Tel. 044 934 0088.

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