The three-storey hotel in High Cross Street, which had traded as the Mr Elelphant restaurant until March this year, was auctioned off last week in Manchester for £155,000.
It was expected that the building – which has a bar and games room, lounge and dining room, kitchen, dry store, beer cellar, private accommodation and eight letting rooms, three with en-suite facilities – would make about £225,000.
The sale, held by Pugh auctioneers at the Etihad Stadium last Thursday September 10 , also saw Little Corby’s only pub, the Haywain Inn, sell for an undisclosed sum.
The pub – a two-storey detached building with residential upper floors and a commercial area of approximately 115sq m – was up for a guide price of £95,000.
Its adjacent 418sq m car park had a guide price of £30,000 to £40,000. Both could be bought individually but they were also offered as combined lots.
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