Local businessman completes purchase of historic Eglinton Estate in undisclosed deal

The historic Eglinton Estate in County Derry has been sold for an undisclosed sum to a local businessman, Paul Connolly.

The estate, which extends to about 1,075 acres and is set on the shores of Lough Foyle, includes about 956 acres of productive arable land, a three-bedroom farmhouse and a range of farm buildings.

Savills, together with joint agents WJ Smith, handled the sale on behalf of the personal representatives of the Estate of the late The Rt Honourable Earl Castle Stewart.

James Butler of Savills commented: “We are delighted to have completed the sale of such an important agricultural estate in Northern Ireland.

“The purchaser plans to continue to operate the current farming enterprise on the estate, ensuring the property remains a thriving and active part of the local community - a very positive outcome for this notable holding.”