LOT 35

The Compass Inn, 61 Green Street, Milton Malsor, Northamptonshire, NN7 3AT

FREEHOLD COMMERCIAL INVESTMENT
Guide price: £340,000 plus*

Auction Date

Monday, 10th December 2018 11:00am

Location & Description

A Grade II listed two storey semi-detached period property with cellar, rear outbuildings and a car park in the centre of Milton Malsor, a small attractive village within a rural environment approximately 4 miles south west of Northampton town centre, 15 miles north of Milton Keynes and 10 miles from Silverstone.

The entire property is subject to a 20 year lease from September 2017 at £29,000 p.a. rising annually by approximately £1,000 p.a. until the first review (see website for lease).

Note

1. Lessee has an option to purchase, see lease details on website.
2. VAT is payable.

EQUIVALENT TO £29,000 p.a.

Status

Unsold, but is available at £340,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.