A large grass farm with beef fattening units has become available to lease in Co Wexford, near Duncormick. The location is The Ring, Killag, which makes it 20km south of Wexford town and 4km north of Kilmore Quay. The agents handling the offer are Brady Group.

The farm is all in one block but divided in two near-equal halves by a local road, the L3056. The agents say that the soil type is sandy marine alluvium with little stone and good depth.

The land is at sea level, as is much of the land in this area. All this land benefits from the management of the water table on the Wexford slobs which is carried out by the OPW, with water pumped out to sea.

The farm has internal roadways. This is partly because a wind farm was built some years ago on the land.

A planning condition of the wind farm is that 6ac of beet tops be left on the ground over the winter months for migratory swans that are traditional visitors to the Wexford coast.

There are three cattle yards on the farm, two on them on the southern block. These have housing, slurry storage and silage pit capacity for 750 cattle. These sheds date from the 1970s but are in working order.

The farm has large silage pits to match the housing capacity.

In addition, there are sheds on the northern block with lower housing capacity. They have been disused but are usable, the agents say.

The landowners are proposing to lease the land for a 15-year term running from 1 January 2021 to 31 December 2036.

The guide leasing rent for this farm is €225/acre for 327ac per year which equals total yearly lease rent at €73,575. Lease is to be paid on the 20th of every month in 12 monthly instalments, by standing order.

The farm has entitlements to EU Basic Payment with a value of approximately €60,000. The agents propose these entitlements be leased by the leasee and repaid to the landowner.

A reviews of the terms of the lease will be carried out after five years and after 10 years, ie on 1 Jan 2026 and 1 January 2031.