Plenty of activity in farm sales and leases this year
REA McCarrick & Sons Auctioneers report plenty of activity in farm sales and leases over the last few weeks. There is considerable shortage of land to lease either short or long term and McCarrick & Sons have a waiting list of people looking for land to lease.
The benefits to farmers wishing to lease out their land is that if you enter into a 5 or more year lease, the rental income is tax free. EU Entitlements: There is also plenty of activity in the sale and lease of EU Entitlements with plenty of demand for same. The rules pertaining to Entitlement ownership states Entitlements must be used or they will be lost to the National Reserve. If you are unsure about your position, consult your Agri Advisor or Roger McCarrick to discuss further. Land Sales: REA McCarrick & Sons have a number of attractive land parcels for sale around Co. Sligo, including 19 acres at Corkabeg, Skreen, and various small parcels close to Tubbercurry town. Full details on request. Forestry Land: Demand for rough land suitable for planting continues in strength and blocks of 20- 30 acres are especially in demand. REA McCarrick & Sons have a waiting list of Investors for this type of land suitable for planting.
The market is also developing for mature Forestry that is good quality and over 25 years old. This is a market that will continue to grow, especially for good quality and easily accessed blocks.
For more information, or to discuss any of the above contact Roger on 087- 6810848 Offices in Tubbercurry and Sligo 071 9185050 Email: info@ reamccarrick. ie