Four Galway farms are up for auction in mid-March, each offering different opportunities to buyers. A mix of commonage and owned land, with large, medium and small acreages, the farms will attract a selection of buyers to the Peacock Hotel in Maam Cross in Galway on 15 March. Offering the farms is agent Luke Spencer of Spencer Auctioneers in Oughterard, Co Galway.
138 acres of mountain ground near Clifden
The first farm that will be auctioned is 138 acres of mountain ground in Doonen near Clifden in Galway. The land is not commonage ground and is being sold by a local farmer. There are 124 acres of claimable land and it is all laid out in one block. There are no entitlements being sold with this farm.
The agent noted that there is road frontage from the land, and the farm also contains a derelict house which may be approved for planning in the future. The farm is guided for €135,000 or just under €1,000/ac. Interest so far has been strong and not just from locals. A number of young farmers from across the country have viewed the holding. These potential buyers were from Cork and the midlands.
21 acres of grazable land
In Shannakeela 21 acres with a cottage is up for sale. The cottage is in very poor condition and is need of complete refurbishment but the land surrounding the residence, is grazable.
The cottage at Shannakeela is in very good condition but there some of the 20.5 acres are good quality grazing ground.
For the most part, the land is fenced, however, there is an obligation for the new buyer to fence 110m of the land.
There is a separate obligation for the current owners to fence 150m of the perimeter of the land. The guide on this lot is €40,000 or €2,000/ac.
112 acres of commonage in
Shannakeela
While the 138 acres are not commonage, the majority of the 112 acres in Shannakeela in Galway are. Accompanying the commonage land is 5.2 acres of owned land that must be purchased with the remaining ground. This holding is guided for €50,000 and the interest is similar to that of the 138 acres in Doonen.
Residential farm guides €6,000/ac
A dilapidated two-storey farmhouse, with outbuildings and circa 20.5 acres of grazing land is also to be auctioned on 15 March. Located in Maghera, just 5km from Oughterard, the opportunity to buy a small residential farm with the potential for renovation will no doubt attract buyers.
The house itself is in need of complete renovation. It is a five-bedroom home and is comfortably set back from the road. It has a stone wall surrounding it, creating a courtyard.
There is an additional building which has no roof but could be converted for additional accommodation.
The lands are enclosed by a combination of traditional stone wall and post and wire fences and have substantial road frontage to a maintained council road.
Approximately seven acres of the lands is good grazing ground, with a further 3.5 acres of semi-improved lands and approximately 11 acres of wet and improvable land to the rear of the farm. The lands themselves are divided into individual paddocks.
The guide on the holding is €120,000 or €6,000/ac. It is currently being grazed but will be vacant by 1 March.
Four Galway farms are up for auction in mid-March, each offering different opportunities to buyers. A mix of commonage and owned land, with large, medium and small acreages, the farms will attract a selection of buyers to the Peacock Hotel in Maam Cross in Galway on 15 March. Offering the farms is agent Luke Spencer of Spencer Auctioneers in Oughterard, Co Galway.
138 acres of mountain ground near Clifden
The first farm that will be auctioned is 138 acres of mountain ground in Doonen near Clifden in Galway. The land is not commonage ground and is being sold by a local farmer. There are 124 acres of claimable land and it is all laid out in one block. There are no entitlements being sold with this farm.
The agent noted that there is road frontage from the land, and the farm also contains a derelict house which may be approved for planning in the future. The farm is guided for €135,000 or just under €1,000/ac. Interest so far has been strong and not just from locals. A number of young farmers from across the country have viewed the holding. These potential buyers were from Cork and the midlands.
21 acres of grazable land
In Shannakeela 21 acres with a cottage is up for sale. The cottage is in very poor condition and is need of complete refurbishment but the land surrounding the residence, is grazable.
The cottage at Shannakeela is in very good condition but there some of the 20.5 acres are good quality grazing ground.
For the most part, the land is fenced, however, there is an obligation for the new buyer to fence 110m of the land.
There is a separate obligation for the current owners to fence 150m of the perimeter of the land. The guide on this lot is €40,000 or €2,000/ac.
112 acres of commonage in
Shannakeela
While the 138 acres are not commonage, the majority of the 112 acres in Shannakeela in Galway are. Accompanying the commonage land is 5.2 acres of owned land that must be purchased with the remaining ground. This holding is guided for €50,000 and the interest is similar to that of the 138 acres in Doonen.
Residential farm guides €6,000/ac
A dilapidated two-storey farmhouse, with outbuildings and circa 20.5 acres of grazing land is also to be auctioned on 15 March. Located in Maghera, just 5km from Oughterard, the opportunity to buy a small residential farm with the potential for renovation will no doubt attract buyers.
The house itself is in need of complete renovation. It is a five-bedroom home and is comfortably set back from the road. It has a stone wall surrounding it, creating a courtyard.
There is an additional building which has no roof but could be converted for additional accommodation.
The lands are enclosed by a combination of traditional stone wall and post and wire fences and have substantial road frontage to a maintained council road.
Approximately seven acres of the lands is good grazing ground, with a further 3.5 acres of semi-improved lands and approximately 11 acres of wet and improvable land to the rear of the farm. The lands themselves are divided into individual paddocks.
The guide on the holding is €120,000 or €6,000/ac. It is currently being grazed but will be vacant by 1 March.
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