Greenan Road, Banbridge, Down, BT32 3NR
£1,200,000
Description & Features
FOR SALE
GREENAN ROAD
LOUGHBRICKLAND
HIGHLY PRODUCTIVE 65 ACRE FARM FOR SALE AS ONE OR MORE LOTS
An excellent opportunity to obtain quality arable land in one block with extensive road frontage off the Greenan & Meenan Roads and situated approximately 1.5 miles from the A1.
Guide Price: Offers Around £1,200,000
Closing Date For Offers: Tuesday 14th January 2025
LOCATION
From the A1 at Loughbrickland, travelling north, take 1st exit and 1st left onto Greenan Road. Travel 1 ½ miles to crossroads with Meenan Road and lands are on both sides after crossroads. These lands are in the townland of Drumsallagh.
PLANNING
There are no Planning Consents applicable to these lands, although the former single storey dwelling adjacent to the farm yard should be suitable for a Replacement Dwelling. (Subject to Planning Consent).
In addition the 2 Storey Stone Building in the Farmyard may have potential for conversion (subject to Planning Consent).
LAND REGISTRY/AREA
A)
The lands are comprised in the following Land Certificates all Co Down:
Folio 25019 47 Acres 1 Rood 38 Perches
Folio 25020 12 Acres 3 Roods 36 Perches
Folio 25021 7 Acres 1 Rood 39 Perches
Total 67 Acres 3 Roods 33 Perches or 67.95 Acres
B)
The DARD Map indicated a total area of 26.08 Hectares equivalent to approximately 64.41 Acres.
Greenan Road
Meenan Road
A1
Lot 1
Lot 2
FARMYARD
The farmyard is accessed via a laneway off the Greenan Road and includes:
Former Single Storey Dwelling House
Former Beef Cattle House with slatted tanks & central feed passage
Open Clamp Silo & Concrete Yard
SINGLE FARM PAYMENT
There are no single farm payment entitlements transferring with this land which has been let in conacre over recent years and is all currently in stubble.
VACANT POSSESSION
The lands had been let in conacre until 1-11-24 and are currently vacant.
WATER SUPPLY
These lands have the benefit of a mains water supply which has been disconnected in recent years, since the land has been in arable use.
OFFERS
Whilst the agents invite offers from interested parties for this property initially on a private basis, we reserve the right on behalf of the Vendors to conclude the bidding (if necessary) by holding a meeting of all bidders on a specified date and time in our office.
In the event that a meeting is to be arranged, only those parties with a valid offer on the property can be assured of being notified of the specific time and date.
VIEWING
By inspection at any time.
VENDOR’S SOLICITOR
To be confirmed.
LOTS
Intending buyers who wish to acquire part of the lands may specify the Field Nos they prefer and offer accordingly as these lands have extensive road frontage and may be sub-divided.
GUIDE PRICE
Lot 1
Fields 1-11 including Farmyard & former dwelling extending to approx. 37.74 acres: Offers Around £750,000
Lot 2
Fields 16,18,22A & 22B extending to approx. 16.02 acres - Offers Around £275,000
Lot 3
Fields 19,21 & 25 extending to approx. 10.65 acres-
Offers Around £175,000
Entire Farm
Including farmyard & Former dwelling Extending to approx. 64.41 acres Offers Around £1,200,000
CLOSING DATE FOR OFFERS
Tuesday 14th January 2025
Housing Tenure
Type of Tenure
Not Provided
Location of Greenan Road
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£1,200,000