Coolnahay, Slanemore, Mullingar, Co. Westmeath

James L. Murtagh Auctioneers are delighted to present this c. 83 acres with yard and farm buildings (Lot 1) forming part of the exceptional c.143-acre model farm with derelict residence for sale at Coolnahay, Slanemore, Mullingar, Co. Westmeath, by Public and Online Auction (in one or more lots). Superbly located in the townland of Coolnahay, approximately 10km west of Mullingar, this substantial holding lies in an area renowned for top quality farmland. The lands, extending to approximately 83 acres, are laid out in several well-organised divisions, all in permanent pasture and of excellent quality with minimal waste. The holding is fenced throughout for cattle, benefits from water supply in every division, and enjoys the advantage of an internal roadway providing ease of management across the farm. The farmyard is exceptionally well-equipped, featuring an 18-bay slatted shed, dry-bedded shed, concrete yard, walled silage slab with accommodation for approximately 200 cattle, all of which contribute to the efficient operation of this impressive holding. The layout, infrastructure, and grassland quality make this property ideally suited to a dairy, beef, or general livestock enterprise. A further feature of the property is c.6 acres of forestry, primarily Sitka Spruce with some Alder, approximately 22 years old. To the best of our knowledge, the plantation has not undergone thinning since establishment. We understand that all associated subsidies and grants have been claimed, and there have been no penalties applied to the plantation. A preliminary visual inspection suggests that the majority, if not all, of the plantation may be suitable for harvesting, potentially providing an immediate income opportunity. However, prospective purchasers are advised to carry out their own due diligence to confirm this. The holding also includes a derelict cottage, which offers significant potential for refurbishment. Due to its dereliction status, the residence may qualify for the Vacant Homes Refurbishment Grant - Derelict Top-Up, providing funding of up to €70,000 towards the restoration of a derelict property as a permanent home or rental dwelling (subject to eligibility and local authority approval). This grant is funded by the Department of Housing, Local Government and Heritage through the Croi Conaithe (Towns) Fund, and you apply through your local authority. This exceptional farm benefits from extensive road frontage (over 800m) with four separate access points along the western and north-western boundaries and direct access to the Royal Canal on the south-western side, enhancing its appeal as both a working agricultural enterprise and an investment with potential for lifestyle development. The area is defined by its rich agricultural heritage and scenic beauty. The surrounding countryside features fertile farmland, mature hedgerows, and scattered rural homes. Nearby, the Royal Canal Greenway and Coolnahay Harbour—home to the 26th lock and a beautifully restored lock keeper’s cottage—enhance the area’s picturesque character and strong sense of community heritage. Overall, this is a prime, high-quality holding in the heart of Westmeath, well-farmed, well-laid out, and ready for immediate use. Auction: 3:30pm, Wednesday 17th December 2025 Venue: The Greville Arms Hotel, Mullingar, Co. Westmeath & LSL Auctions Online Solicitors: Mr. Robert B. Marren & Co., Mullingar, Co. Westmeath. Tel: (044) 934 8646 Location: From Mullingar, travel on the R393 towards Slanemore and continue for approximately 6.5km, turn left onto the L1804 at Parcellstown and continue for 900m and the holding will be on the left, clearly identified by our James L. Murtagh Sales Boards. LSL Auctions Online Registration: In order to bid online via LSL it will be necessary to register with our office before 12th of December 2025. A bidding deposit will be required in order to bid for this lot online. The auctioneer assumes the bidder is bidding for himself or herself. If the bidder intends to purchase a 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 authorised us, as agents for the vendor, to sign the completed contract for sale on your behalf. A deposit is required in order to bid for the property. These deposits are payable in advance of the auction by online bank transfer. Our bank details will be provided to you at registration. The successful bidder's deposit will become non-refundable as soon as the property is sold and a binding contract is entered into and the agents are hereby authorized 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 one business day of the online auction. If you are not the successful purchaser, your deposit will be returned to you in full. For further details contact us at James L Murtagh Auctioneers, 34 Mount Street, Mullingar, Co Westmeath Tel. 044 934 0088