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AGENT'S DETAILS


COMMERCIAL/RESIDENTIAL INVESTMENT *, 6 King Street, Ludlow, Ludlow, Ludlow, Shropshire

For sale: £550,000.00|3326.15 Sq Ft|Retail - High Street, Retail

PROPERTY DETAILS

FOR SALE£550,000.00
SIZE3326.15 Sq Ft
ADDRESSCOMMERCIAL/RESIDENTIAL INVESTMENT *, 6 King Street, Ludlow, Ludlow, Ludlow, Shropshire
TYPERetail - High Street, Retail
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON26th December 2020

DESCRIPTION

The premises are situated fronting onto King Street in the town centre of Ludlow, one of the main retail streets in the town centre and all local amenities are within close proxmity. The property at the rear abuts Church Walk. The surrounding occupiers are in retail use, with one of the town's main car parks being within close proximity.

Ludlow is a sought after, established market and tourist town, with a population of circa 11,000. It was voted in The Times recently as one of the loveliest towns to live in. Ludlow has a reputation for the quality of its food and drink, boasting excellent bars and restaurants, encouraged by the area's abundance of quality producers.

The premises comprise an attractive part four and part single storey property located in the town centre of Ludlow. The commercial part of the property trades as a retail shop on the ground floor. The upper three floors floor benefit from a separate entrance from Church Walk and provide vacant accommodation in a shell condition that would ideally lend themselves to conversion to residential accommodation, subject to statutory consents.

The premises benefit from a rear yard area accessed from Church Walk. The property is of traditional brick construction under a part slate and part flat felt roof cover.
The ground floor of the property is well presented and the shop unit benefits from a fully glazed double fronted shop front onto King Street.

The property is Grade II Listed

MIXED COMMERCIAL/RESIDENTIAL INVESTMENT IN THE SOUGHT AFTER TOWN OF LUDLOW

GROUND FLOOR SHOP UNIT LET TO CREW CLOTHING LIMITED

VACANT UPPER LEVELS, BENEFITING FROM A SEPARATE ACCESS FROM CHURCH WALK

OFFERING A RESIDENTIAL CONVERSION OPPORTUNITY, SECURE RENTAL INCOME OF £38,500 PER ANNUM
( Agency Pilot Software Ref: 33019 )

LOCATION

Location: COMMERCIAL/RESIDENTIAL INVESTMENT *, 6 King Street, Ludlow, Ludlow, Ludlow, Shropshire

Ludlow (0.2 miles)

Craven Arms (7.1 miles)

Broome (8.0 miles)

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