Small Rylane holding sells for close to reserve price

THE auction was held in front of a full house and while there were few bids a small holding at Rylane, Co Cork, was sold fairly swiftly, last week.

There was no reserve disclosed for Glounaglough, Rylane, but Tom Heffernan of Sherry FitzGerald Hinchion expected to reach in the region of €5,000 to €6,000 per acre for the 22-hectare property, situated nine miles north of his Macroom base.

The farm is described as mixed grazing, and the sale includes an old stone farmhouse with stone yard — derelict, but of great potential.