Lakeside holding for €6,500/ac

THERE is a steady trade of farms coming to market in the midlands this year, particularly in Westmeath. This includes a fine 77ac farm at Corbally near Castlepollard. It comes to auction with a guide price of €500,000 or almost €6,500/ac.

Located about 5km from the town of Castlepollard the farm is laid out in eight fields of good grazing ground with a large field at the end bounding a local lake, Lough Glore, renowned for its trout fishing.

The holding comes with some fine farm buildings including a two-column haybarn with lean-to, a holding yard and a pump house.

There is a mobile home on the property and in that regard planning permission existed in 2007 for a bungalow to replace the mobile.

Jennifer Walshe of selling agents Sherry FitzGerald Davitt and Davitt believes a new application for planning would be possible.

The property has undoubtedly got dairy potential given the size and the compact nature of the place. It is well located in a good farming area where extra land for fodder or followers is available for rent.

The auction will be held at Hotel Castlepollard on this Friday, July 5 at 3pm.