Lively interest in Longford land with development potential
TRIM auctioneer Thomas Potterton is handling the sale of a 71ac farm at Ballinacross near Granard in Co Longford.
The residential holding is the subject of an executor sale and on the private treaty market with a guide price in the region of €825,000.
Located just outside Granard on the Ballyjamesduff road the property is divided by the public road affording it plenty of road frontage.
It will be sold in a number of lots or as an entire.
The house is a traditional bungalow with three bedrooms, a sitting room, kitchen and bathroom. Structurally sound, the building will need some renovation and refurbishment.
The residence on 0.5ac is guided at €120,000.
At the same side of the road a 44ac parcel of grazing ground with a piped water supply and good road frontage. Mr Potterton says it is a lovely piece of ground of mainly good land with a smaller portion that could do with reclamation.
With planning permission, this could have potential as a site for a house and is guided at €9,000 to €10,000/ac.
The last section, made up of 25.5ac of land, comes with a range of dated farm buildings and is located at the opposite side of the road. Laid out in three fields with no waste it contains the best of the land.
The buildings include a four-column slatted shed, a silage pit, concrete yard, two loose lying cattle sheds and a range of stone out-offices.
Part of the land is zoned for road development as part of the proposed ring-road around Granard under the Strategic Industrial Reserve Objective. This section is guided at €10,000/ac.
According to Mr Potterton the farm, which has been rented for a number of years, is attracting lively interest and currently under offer.
While for sale by private treaty the auctioneer may bring it to auction at a later stage.
Part of the land is zoned for road development and this section is guided at €10,000 per acre