Sold for £85,000

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Corner sited former public house with development potential (subject to planning) vacant.

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Description/Location

The Wolverton Arms occupies a prominent corner position located in the town centre and close proximity to the A532 and Junction 16 of the M6 motorway. The public house is arranged over ground and first floor together with a cellar and also includes an enclosed rear garden. The property may be suitable for a variety of uses, including development, subject to obtaining necessary planning consent. Prospective purchasers should make their own enquires in this regard.

Tenure

Freehold - Vacant Possession

Local Authority

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.