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Knockarana Estate in County Limerick Sold, Tenants Secure Favorable Rent Agreement |

Knockarana Estate in County Limerick Sold, Tenants Secure Favorable Rent Agreement

In a significant development, the esteemed Knockarana Estate in County Limerick has been sold, marking a new chapter for the property. The tenants of this renowned estate, under the ownership of Mr John Minchin Harnett of Weston Supermare, have received a notification from the agent, Mr James Welpiy from Limerick. The notice confirms the acceptance of their offer to purchase their nonjudicial rents for a period of 19 years.

This groundbreaking agreement will result in a remarkable reduction of 37.5% or 7 shillings and 6 pence in the pound on their existing rents. The tenants can now look forward to significant savings on their monthly payments. Furthermore, it has been declared that all game rights will be reserved for the tenants, ensuring their continued access and enjoyment of these rights.

Another favourable aspect of this agreement is the eradication of any rental arrears owed by the tenants. This fresh start promises to alleviate financial burdens and allow the tenants to focus on their future on the estate. The new rent will officially commence from the 25th of March, 1904, ensuring a fair and reasonable timeline for the tenants to adjust to the revised terms.

The sale of the Knockarana Estate and the subsequent rent agreement showcases the commitment of all parties involved to foster positive relationships between landlords and tenants. It also serves as an example for other estates and properties in the region, highlighting the possibility of mutually beneficial agreements that prioritize the well-being of tenants.

This historic event will undoubtedly be remembered as a significant milestone for the Knockarana Estate and its residents, as they embark on a new era of stability and prosperity.

Limerick Echo – Tuesday 19 July 1904

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