Historic barn could fetch £550,000
15th century city building goes under the gavel
A city barn is set to be sold at auction and could raise as much as 550,000.
Manor Farm Barn, in Shenley Church End, will be auctioned on December 7 by Colliers CRE.
It came into public ownership because it lies between the boundaries of the area covered by the Milton Keynes New Town Designation Order 1967.
The new town development made the compulsory purchase and the surrounding fields were heavily developed on. The 15th century barn however, was left to rot.
The barn is currently owned by expansion board Milton Keynes Partnership which is now hoping the property, originally acquired by Milton Keynes Development Corporation, is looked after and developed properly through new owners.
The Grade II listed building will now be sold along with half an acre of land and two new brick garages.
Another two building plots in the same area each sold for around 550,000 five years ago and it is thought that Manor Farm Barn could well be sold for a similar price, although it is expected the figure will be nearer 400,000.
Colliers CRE auctioneer, Simon Riggall, said: "The barn doesn't have a guide price which makes it a perfect site for auction.
"It all depends on the buyer. You could have someone with modest plans for the refurbishment who buys it for 200,000 to 250,000, or someone with big plans who buys it for double that."
Email to a friend
Print this page
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Milton Keynes
Saturday 04 February 2012
Today
Sunny spells
Temperature: -1 C to 2 C
Wind Speed: 16 mph
Wind direction: South
Tomorrow
Cloudy
Temperature: -0 C to 3 C
Wind Speed: 9 mph
Wind direction: West
