Former RBL club in Wellingborough for sale

1A High Street, Wellingborough, is up for sale

1A High Street, Wellingborough, is up for sale

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A former Royal British Legion Club in Wellingborough is among the lots going under the hammer in London next month.

The freehold former club premises at 1A High Street in the town centre is being offered with vacant possession at a guide price of £125,000 to £150,000.

The property is being offered on the instructions of The Royal British Legion by national firm of auctioneers’ Eddisons.

Simon Bailey, director and auctioneer at Eddisons, said: “This is an imposing and well-known period building, benefiting from a town centre location.

“It may be suitable for alternative uses, including some residential conversion, subject to the necessary consents.”

In total Eddisons is offering 143 lots at its combined national property auction, taking place over three days in Manchester on December 3, Leeds on December 5 and London on December 10.

Instructions have been received from local authorities, utility companies, joint LPA receivers, banks, administrators, property companies and private investors.

Mr Bailey said: “We have assembled a strong catalogue to finish the year, which presents a variety of buying opportunities for investors, developers and owner occupiers.

“There has been a notable improvement in market sentiment in the second half of 2013, with our October auction producing some of our strongest results so far this year, with proceeds of over £9 million and a success rate of 84 per cent.

“We have every reason to believe the December sale will continue this upward trend.”

The full catalogue is available to view online at www.eddisons.com/auctions.