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A Nineteen Bedroom Hotel Offered with Full Vacant Possession. Potential for Redevelopment (Subject to Obtaining all Relevant Consents).
The property comprises a mid terrace nineteen bedroom hotel arranged over lower ground, ground and two upper floors.
Tenure
Freehold
Location
The property is situated on a predominantly residential road close to local shops and amenities. The green open spaces of both Swanspool Gardens and Croylands Gardens are within easy reach. Transport links are provided by Wellingborough rail station.
Exterior
The property benefits from a large rear car park.
The current owners rented the rooms out to the local authority with a Net Operating Income for Nov 2017-Nov 2018 of £131,240
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.