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.
Lots 35 & 36 to be Offered Either Individually or Collectively
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.
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
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.