Carp farm sold but lots left
The extensively improved property went for auction on Thursday, and drew only desultory bids, but there was a flurry of activity after the auction.
David Ashmore of Savills was slow to give the details, because matters are now under private treaty, but confirmed he has sold one lot of the 115-acre farm, and has a serious offer on another.
There was a good turnout for the auction, he said, and the land was pitched well, at a guide price of €8,500 to €10,000 per acre, and an overall price of €900,000 plus.
Including a one-and-a -half-acre carp farm with fishing lodge, this isn’t a run-of-the-mill farm, but it does offer substantial acreage is the heart of Co Limerick’s horsy country.
The farm is well-fenced with post and rail, and all of the lots on offer have good road frontage. The only lot to sell immediately after the auction was 34 acres which includes the carp lake and fishing lodge. It has a separate entrance from the main road. This lot was guided at €350,000 and sold immediately after the auction in the region of the guide price. David Ashmore was precluded from revealing the price.
He’s negotiating with interested parties on Lot 2, the mail bulk of the farm, which comprises 74 acres. This level grassland in easily managed divisions has frontage on two sides, says Ashmore, with mature hedgerow fencing and a number of sheds.
These include two large modern units of 10.7m by 6.6 metres each, and a traditional, two-span haybarn with lean-tos.
The final lot is seven acres which has been used for silage, and which has independent access and road frontage. There could be planning potential with this lot, says Ashmore.
The property is less than 20 miles from Limerick, close to Charleville and Kilmallock.
It is now for sale through private treaty, and it’s likely there will be sustained interest.
