GVM Auctioneers, has for sale, circa 54-acres of “prime” agricultural land in Blacklin Little, Kilbeggan, Co Westmeath.
According to the selling agent, “what lies beneath the grazing land” is where quarry companies, investors and farmers may find “added value”.
The land enjoys ample road frontage, stretching to circa 315 meters. The selling agent has been informed that gravel extraction from this site dates back before 1963, and the gravel face is exposed for observation.
Land for sale in Westmeath
Commenting on the listing, the auctioneer said:
“Under the green pastures, there is the potential for the future extraction of millions of tons of sand and gravel deposits.”
“This land may appeal to a farmer, investor or business person who is seeking a ‘buy to lease’ parcel of land with a strong future resale potential.”
Furthermore, there is an existing hardcore laneway (now overgrown) leading up to the gravel face.
The vendor is has provided a detailed Geophysics report on the land prepared by Apex Geophysics. As part of the report, there were nine trial pits investigated across the site.
This prime parcel is “located centrally” within the midlands on the Offaly / Westmeath border nearby main arterial routes. Tullamore is just circa 7km to the south-west, Kilbeggan is 8km north-west, and Tyrrellspass is just 9km to the north-east.
The subject lands are accessed via roadway. The N52 is just 8 km to the west linking the south Midlands to the north Midlands, including Tullamore, Kilbeggan, Mullingar and Birr.
The M6 motorway is circa 10km to the north-west. Besides, from Junction 5 on the M6 (Kilbeggan), Dublin is approximately one hour.
On the other hand, the east is home to Kilcock, Maynooth, Celbridge, Leixlip and Lucan, lined along the M6.
Lastly, in the west, Athlone, is 18 minutes by car from Junction 5 on the M6 (Kilbeggan).
GVM Auctioneers is conducting the sale by way of private treaty tender (sealed bids).
The property firm invites potential purchasers to submit their best bid on or before Friday, October 1st at 3pm, with the required deposit and completed tender document.
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