Lot 1,
Price 805000.00,
LOUGHBAWN OLDCASTLE CO MEATH
AUCTION WEDNESDAY 8TH JUNE 2022 @ 3PM
PUBLIC / ONLINE AUCTION VIA LSL (Pre-Registration by 6th June)
A GORGEOUS BLOCK OF PRIME FARMLAND SET AMIDST A GENTLE UNDULATING LANDSCAPE OVERLOOKING LOUGHBAWN.
LOUGHBAWN OLDCASTLE CO MEATH
80 ACRES WITH FARMYARD
Executors Sale.
SITUATION & DESCRIPTION:
The property is very nicely located in the heart of unspoilt rolling countryside close to Oldcastle and Kells / M3. Loughbawn straddles the borders of Meath and Westmeath and is a renowned amongst anglers for its wild brown trout. Day to day shopping requirements can be found in the nearby village of Collinstown approximately 7km distant while Oldcastle and Kells which are situated approximately 11 and 20kms distant respectively afford an excellent choice of shopping, educational and recreational facilities.
For prospective purchasers interested in leisure pursuits the choice is wide with fishing and boating available on the nearby lakes including Lough Bawn, walking in the historic Lough Crew Cairns and at Loughcrew Gardens. Hunting is available with the Ballymacads who meet regularly and within easy boxing distance while horse racing is available at Fairyhouse and Kilbeggan. In addition, there are numerous GAA clubs again all close at hand, there is also a good choice of public and private day and boarding schools within easy reach of the property. The locality is well supported by an established farming infrastructure with abattoirs, contractors, merchants, Delvin Livestock Mart and other service industries all close at hand.
THE LANDS:
The lands are comprised in Part Folio MH5272 and in total extend to c. 80 acres / 32.37 hectares edged in red on map. The farm which has been in the same family ownership for a long number of years has been carefully managed through good crop husbandry consequentially can be found to be in good heart. The property is laid out in large easily managed divisions which are intersected by mature hedgerows and although presently under old pasture the lands lend themselves to most types of agricultural enterprise including cereals. This property would be ideally suited to the erection of a residence subject to the necessary planning consent.
FARMYARD:
Briefly comprising an enclosed concrete yard incorporating a two bay hay shed.
DIRECTIONS:
The lands are situated a short distance off the Dromone / Collinstown road. Eircode A82 DE93 (Adjoining property). See agents for sale board.
VIEWING:
Lands can be inspected at any reasonable hour. Ref: Thomas Potterton 046 9431391.
SOLICITORS:
John Prior, Prior McAlister, Oldcastle, Co. Meath. Tel 049 8541971.
ONLINE AUCTION PLEASE NOTE IT WILL BE NECESSARY TO PRE-REGISTER YOUR INTEREST WITH OUR OFFICE PRIOR TO THE 6TH JUNE.
REA T E Potterton - This map is published for convenience purposes only and although believed to be correct its accuracy is not in any way guaranteed. Produced by permission of the Government License No: AU 00080922. NOT TO SCALE
Important Info / Terms and Conditions
Terms & Conditions – please read carefully.
General Conditions:
• The highest bidder to be the purchaser subject to the right of the owner to withdraw the property should the reserve not be met.
• The particulars and conditions of sale may change prior to the auction and it is the sole responsibility of the bidder to make sure they have the latest version.
• The auctioneers reserve the right to sell the property prior to auction, withdraw the property from auction, change the order of the lots or consolidate the lots without notice to any prospective purchaser.
Viewing:
If you wish to view the property you should contact REA T E Potterton Auctioneers Trim 046 9431391. We will facilitate you and arrange access if required for you and or your surveyor. If you have any further queries regarding the property please contact our office.
Description of Property:
The particulars contained in our brochure / advertising / social media are issued by REA T E Potterton on the understanding that all negotiations are conducted through them. All descriptions, dimensions etc., included in these particulars, and any statements made by us or our representatives, are made in good faith but are not intended to form a basis for any Contract. Any intending Purchaser should not rely on them as statements or representations of fact, but should satisfy themselves by inspection or otherwise as to the correctness of each of them before committing themselves to a Contract. Any maps, plans or photographs in the brochure shall be indicative only and shall not form part of the contract.
Guide Price:
The guide price should not be construed as being the selling price of the property and it is the purchasers responsibility to decide how much to bid at auction.
Identification:
In order to register it will be necessary to upload a copy of your passport / driving licence and proof of address ie: bank statement / correspondence from a government agency dated within the last 3 months.
Registration:
In order to bid at the auction it will be necessary to register with our office (Trim 046 9431391) at least 2 business days prior to the auction. The auctioneer assumes the bidder is bidding for him / herself. If the bidder intends to purchase the lot in a name other than his or her personal name, arrangements must be made with the auctioneers in advance. By registering you are deemed to have accepted the terms and conditions of the auction and authorize us as agents for the vendor to sign the completed contract for sale on your behalf.
Legal Documentation:
Prior to the auction the solicitor for the vendor will make available legal documents in relation to the property, copies of these legal documents are available to read online or to download. It is important you should consult your solicitor in relation to the contracts / conditions of sale of the property before bidding as you will become legally bound by the said conditions of sale if you are the highest bidder and the property is knocked down to you.
Reserve Price:
The price agreed between the vendor and the auctioneer at which the property can be sold. In the event of the property not reaching the reserve, the auctioneer will deal exclusively with the highest bidder (for half an hour following the auction) in order to realise a satisfactory sale. If a deal is not concluded then the auctioneer may deal with the underbidders and any other interested parties following that period of negotiation.
Deposit:
A deposit is required in order to bid and this is payable in advance of the auction by online bank transfer. Our bank details will be provided to you at registration. The successful bidders deposit will become non-refundable as soon as the property is sold and a binding contract will be entered into and the agents are hereby authorised to sign the contract for sale on your behalf. The deposit payable on the signing of the contract is 10% of the purchase price. If there is a shortfall in the deposit furnished by the purchaser prior to the auction, then the purchaser shall be required to lodge the balance of the deposit with the auctioneers within 2 business days of the online auction.
If you are not the purchaser your deposit will be returned to you in full following the auction to the account from which it came.
Livestock Live Ltd (LSL) Online Platform:
Neither REA T E Potterton Auctioneers or LSL Online Auctions, their servants or agents shall be responsible in any manner whatsoever whether in contract law, tort, common law or otherwise for any loss arising in whatever fashion as a result of loss of internet connectivity during the auction process. The bidder accepts that such contact is at the bidders own risk and in the event that the internet link is not established or breaks down or if there’s any confusion or disruption then the bidder will not be able to participate in the auction. Full terms and conditions available on the LSL app.
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