Strong early in­ter­est in sale of qual­ity land near Kin­sale

Irish Examiner - Farming - - PROPERTY - Conor Power

A fine 43- acre farm Co Cork hold­ing in the town­land of Clogheen, near In­nis­han­non, is cur­rently at­tract­ing keen in­ter­est from the vi­brant farm­ing com­mu­nity in which it’s lo­cated.

Sit­u­ated in a fer­tile zone about 8km from In­nis­han­non, 7km from Kin­sale and 14km from Ban­don, it is listed with Clon­akilty-based auctioneers Hod­nett Forde Prop­erty Ser­vices.

It is a short drive south of Cork City ( 27km away), and south- west of Car rig aline (25km).

The land in this east­ern end of West Cork ( de­pend­ing on whom you talk to, this part of the world may or may not be classed as ‘true’ West Cork) is of su­perb qual­ity in gen­eral. There is a long tra­di­tion of ef­fi­cient and pro­gres­sive farm­ing, dom­i­nated a lit­tle more by the tillage sec­tor than the dairy­ing sec­tor, and sup­ported by ex­cel­lent ac­cess to va r i o u s m a r k e t s in the im­por­tant towns, port and air­port in its vicin­ity.

The non-res­i­den­tial hold­ing in ques­tion stands up as an ex­cel­lent ex­am­ple of this tra­di­tion, ac­cord­ing to the sell­ing agents.

“This is an out­stand­ing farm hold­ing,” says Ernest Forde. “It would be suit­able for any kind of farm­ing, nice free-drain­ing land with plenty of depth. It’s sit­u­ated in an area renowned for high yieldi n g t i l l a g e c ro p s a n d t o p qual­ity pas­ture lands.” Although it is not sit­u­ated on any main road, ac­cess to the prop­erty is very good, and free of com­pli­ca­tions, with a short laneway lead­ing di­rectly from the pub­lic road ( L3201) into the heart of the land. “It’s a right-of-way road­way that’s in ex­cel­lent con­di­tion,” says Ernest. “It would be well used to large tillage ma­chin­ery us­ing it on a reg­u­lar ba­sis, so there’s no prob­lem in that re­spect.” In­ter­est in the farm is al­ready strong, and the agent re­vealed that the prop­erty is al­ready un­der of­fer. While not re­veal­ing the amount, they are clear on its value in the cur­rent agri­cul­tural land mar­ket.

In terms of price ex­pec­ta­tion, the agents say that they are hop­ing the land will make “in ex­cess of €500,000.” This would be in keep­ing with high qual­ity land in the area. “This isn’t much more than €12,000 per acre, so we’d be ex­pect­ing some­thing in that re­gion. Down around Bel- gooly and No­ho­val, that kind of price is achiev­able. For good qual­ity land, it’s cer­tainly not an out- of- the- way price.”

There are no en­ti­tle­ments go­ing with the land, which is cer­tainly not any ma­jor dis­ad­van­tage in to­day’s mar­ket. It has all the ap­pear­ance of a we l l - m a i n t a i n e d p i e c e o f ground, and the agent says that there is very lit­tle waste on this well-worked hold­ing. “There is about an acre and a half of waste in it at the mo­ment, but that would be very eas­ily cleared.

“It’s not even wet, it’s just a bit of scrub­land. The rest is all us­able and I’d ex­pect that [ waste] sec­tion to be us­able too.”

It’s a farm that can ap­peal to a wide range of suit­ors.

Its prox­im­ity to Cork city, for ex­am­ple, means that there may well be some in­ter­est from an in­vest­ment or even a hobby- farmer point of view. All in­di­ca­tions so far, how­ever, are that the bulk of in­ter­est is com­ing from larg­er­scale farm­ers.

In spite of the Ir­ish tillage sec­tor’s on­go­ing dif­fi­cul­ties , there is no short­age of strong rep­re­sen­ta­tives of the sec­tor in the area.

“From the en­quiries we’ve had so far, it’s more likely that it will be some­one ex­tend­ing their farm, pos­si­bly a dairy farmer or a tillage farmer. There would be a few of them in that area.”

This par t of Mun­ster is in­vari­ably de­scribed as “early coun­try”, much sought-after by tillage farm­ers, a zone that con­trasts some­what with land ly­ing far­ther west.

The 43-acre tillage hold­ing for sale at Clogheen, Innshan­non, Co Cork, also pic­tured on page 1.

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