Joe O’Gorman, Cuffesgrange keeps a keen eye on the bidding at the farm auction at Kilmanagh
The lounge bar of a public house in Kilmanagh was the unusual venue for a much anticipated land auction on Friday which attracted over 50 people.
Brennan’s popular licensed premises in the village was full for the sale of 23 acres which has a derelict house on it.
Auctioneer, Godfrey Greene came to sell and in the end achieved a great price of €10,340 per acre for land that needs a ‘little attention’.
In the end of some strong bidding, it was sold to two neighbouring farmers, Ray Murphy and Walter Molloy for €237,000.
The plot was sold by the representative of the late John Caldbeck and Godfrey said everyone was happy with the result.
He wasn’t surprised that the land went to over €10,000 an acre and said there was always a great demand for good land in this part of Kilkenny.
“The sale marks a very positive development and shows that farmers have confidence in the future,” Godfrey said.
The residence on the land has been unoccupied for a long number of years and is in need of total refurbishment.
The lands are all in pasture and have been rented in the past and require some drainage but are of very high quality.
The solicitor with the carriage of sale was Alice Gibbons of Kearney Roche & McGuinn, The Parade, Kilkenny.