According to the auction bit here:
https://www.lease-advice.org/advice-guide/right-first-refusal/
You get the right to buy after the auction for the same price as the winning bidder.
Thanks, that's good to know. So now do we wait and see what it gets at auction, or offer the freeholder some cash now...
We might not own it in four months, but this is going to hang over any potential sale.
And don't forget to put a low-ball bid in yourself, in case you can get it for cheap that way.
@dbr started
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According to the auction bit here:
https://www.lease-advice.org/advice-guide/right-first-refusal/
You get the right to buy after the auction for the same price as the winning bidder.