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Raheenmore, Tyrellspass, Co. Westmeath


Price
Price on Request

Type
Commercial

Status
For Auction

Size
149,734 sq.m.

Description

James L. Murtagh Auctioneers are delighted to offer for sale by Public Auction this c.37-acre Sand & Gravel Quarry at Raheenmore, Tyrrellspass, Co. Westmeath. This former operational quarry and adjoining lands benefits from over 800 meters of dual road frontage, has excellent access and location, the holding is less than 5.6km to the major road networks, M6 and N52. The active quarry covers a surface area of c.11.2 acres with the remaining lands potentially possessing significant sand and gravel deposits, a recent topographical survey carried out confirms there is 280,000 Cubic meters of sand and gravel on site (Certified site layout plan and sections showing extent of extraction used in calculations are available on request). The property also benefits from an office, 50 tonne Globe Weight weighbridge, borehole for water, and electricity onsite. The quarry would be ideal for further extraction and infill of inert waste - subject to meeting all necessary statutory requirements. The adjoining lands benefit from excellent road frontage with the existence of two derelict cut stone former residence, as such, the holding also provides a residential opportunity - subject to the necessary planning consent. Should the prospective owners cease quarry operations, the subject lands would be easily converted to productive agricultural lands.
Directions: From Tyrrellspass, head south towards Tyrrellspass Castle on the R446, continue for approximately 2.4km, take the right on the L1213 towards New Forest Golf Club and continue for another 2.4km and keep right, the lands will be on your left hand side and will clearly identified by our James L. Murtagh sale boards.
Auction: 3.30pm on Wednesday 18th October at the Greville Arms Hotel, Mullingar, & LSL Auctions Online
Solr: Mr. John Wallace, N.J. Downes & Co., Mullingar. Ph: 044 934 8646
Registration: In order to bid at the auction, it will be necessary to register with our office before 11th October 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 65,000 is required in order to bid for the property. 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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