Agricultural Property Location: Newdown, The Downs, Co. Westmeath
James L. Murtagh are delighted to offer for sale by public auction this c.26.5 acre residential farm at Newdown, The Downs, Mullingar, Co. Westmeath to the market. The property comprises c.26.5 acres and residence which will be offered in one or more lots as follows;
Although this property is in need of complete renovation, it retains much of its early traditional characteristics and offers immense potential for the right purchaser to bring this country property back to its former glory with ample room for extension/redevelopment, subject to the necessary planning consent.
Accommodation as follows;
The auction will take place on Thursday 14th July at 3:30pm in the Greville Arms Hotel, Mullingar & via LSL Auctions online Please register your attendance for the upcoming auction. Contact James L. Murtagh Auctioneers for more information https://www.lslauctions.com/OnlineCatalogue-JLMURT
– Identification: In order to register, it will be necessary to upload a copy of your passport / driving licence and proof of address, i.e., bank statement, correspondence from a Government agency / source, dated within the last 3 months.
– Registration: In order to bid at the auction, it will be necessary to register with our office before 5pm on Thursday 7th July 2022. The auctioneer assumes the bidder is bidding for himself/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 authorise us, as agents for the vendor, to sign the completed Contract for Sale on your behalf.
– Deposit: A deposit of €20 000 is required in order to bid for Lot 4 and this is 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 authorised 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 1 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 on 0449340088