A former Royal British Legion club in a prominent town centre spot is set to go under the hammer.
The club at 1A, High Street, Wellingborough, is going to auction on December 10 in London with a guide price of £125,000 to £150,000 by auctioneers’ Eddisons.
A spokesman for the Royal British Legion said the club was bought in 1978 by the trustees of the Legion and is held under the name of the Wellingborough branch.
The spokesman added: “The property has been empty for some time following the departure of the former club and it needs to be sold for the best price available with the net proceeds of sale put to the purposes detailed in the original trust.
“Since the property has been vacated, Wellingborough Council have placed a compulsory purchase order on a section of land at the rear of the property in preparation for their intended redevelopment of the centre of the town.
“Unfortunately, this has adversely affected our attempts to sell the property despite the best efforts both of our staff and local agents.
“The property is now being offered for sale by auction and the money raised will be held in a separate fund to be used solely for the Legion’s charitable purposes in Wellingborough and the surrounding district.”
A spokesman for Wellingborough Council confirmed there is a CPO on part of the yard at the back which they will still require and will acquire from the new owner.