Tuesday, December 20, 2011

Newberry sale denied



Speculation that Newberry House and Stud at Carnalway has been sold and that the deal will be completed this week has been categorically denied, writes Brian Byrne.

According to Willie Coonan of Coonan Estates, there 'are a number of interested parties' but nothing has yet reached the stage of negotiation.

This follows beliefs widely expressed in Kilcullen on Monday night that a deal had been done with a Dublin based family involved in bloodstock and racing.

The 170-acre property had been the home of Lady Margaret Clague since the mid-70s, when she and her husband Sir Douglas Clague acquired the 19th century property to be the centre of their bloodstock activities. Sir Douglas died in 1981, and Lady Clague died in February of this year, aged 89.

Newberry House is a two-storey, eight-bedroom period residence in grounds that include gardens with Chinese and Spanish themes. It was put up for sale in August by the Clague heirs, with a guide price in the region of €5 million.

It has been looked after by resident manager Pat Murtagh for some 40 years.

The property was previously owned by Mrs Helen Hertz Hexter, of the family that owned the global Hertz truck and car rental business. The home was built as Carnalway House by the Tickell family, originally from Cumberland, England, and which became involved with Carnalway through intermarriage with the Eustace family.


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