Cole Hill, Skeahanagh, Kilbeggan, Co. Westmeath

An opportunity with significant potential! These lands at Colehill extend to C.55 acres and comprise of prime agricultural land with a derelict house, however, what lies beneath the grazing land is where the added value may be found for quarry companies, investors and farmers. Under the green pastures there is the potential for the future extraction of approximately 1,350,000 tons of sand and gravel as per Minerex report commissioned by our client*. This land may appeal to a farmer, investor or business person who is seeking a ‘buy to lease' parcel of land with strong future resale potential. This prime parcel of land is located just 300 meters from the Applegreen Service Station on the outskirts of Kilbeggan, Co. Westmeath. The vendor will kindly provide to interested parties the Minerex report.
Leaving aside the aggregate potential, this prime parcel of land truly needs to be viewed to be appreciated. The land is all in one block and currently laid out in grass in easily managed divisions. The land is well maintained and easily accessed with a gravel laneway leading centrally into the heart of the farm where the two storey derelict house is located. The land would be described as top quality and fertile. The holding is mostly elevated above surrounding lands with beautiful panoramic views of the countryside. The large derelict house is located on a beautiful, elevated site within the farm surrounded by mature trees and ancillary stone outbuildings. We note there is a grant of up to €70,000 available for the restoration of derelict houses at present subject to approval.
This prime parcel is located centrally within the midlands on the Offaly / Westmeath border fronting onto the R446 and just 4 minutes drive to Junction 5 on the M6 motorway linking Galway & Dublin. From Junction 5 on the M6 (Kilbeggan) one could be in Dublin in one hour. To the East the towns of Kilcock, Maynooth, Celbridge, Leixlip and Lucan are lined along the M6 motorway with ever expanding residential developments requiring aggregates. To the West the prospering town of Athlone is just 18 minutes drive by car from Junction 5 on the M6 (Kilbeggan). The large town of Tullamore is just C.13km to the South via the N52 with Tyrrellspass just 7km to the East.
This sale will be conducted by way of Online Auction on Friday 8th December 2023 at 3pm (U.P.S.) via www.lslauctions.com.
Solicitor: Ms. Sally-Ann O'Donnell, J.D. Scanlon & Co., Solicitors, The Bridge Centre, O'Connor Square, Tullamore, Co. Offaly.
The location of the lands are shown for identification purposes only, outlined on the main image. O.S Folio map is available upon request.
There are no entitlements being sold with this land.
Viewing of this exceptional holding is highly recommended!
Contact GVM Auctioneers Tullamore Today on 05793-21196 for further details.

* Subject to the necessary planning consents.