Corve Street, Ludlow

An excellent opportunity to lease a well-presented commercial property extending to a Total Gross Internal Floor Area of Approximately 774 sq ft and a parking/forecourt area. The space is suitable for a wide variety of commercial uses, offering flexibility for occupiers seeking practical and adaptable premises in a convenient setting.

The property benefits from a large forecourt, providing valuable external space for customer access, display or operational use (subject to requirements). Available at a competitive rent of £10,000 per annum (exclusive), this site represents a cost-effective option for businesses looking to establish or expand their presence.

Location - The property enjoys a highly prominent location at the junction of Corve Street and Station Road on the northern edge of Ludlow’s town centre, placing it within easy reach of all local amenities

Ludlow’s historic charm, strong commercial activity and solid transport connections make this an attractive base for businesses seeking high-profile exposure within a market town environment. Positioned at a key junction with proximity to major amenities, the property benefits from both local trading and visitor footfall, reinforcing its appeal for a diverse range of commercial uses.

Building - TOTAL GROSS INTERNAL FLOOR AREA – 774 SQ FT | 71.9 SQ M

TOTAL SITE AREA – 0.062 ACRES | 0.025 HA

ALL MEASUREMENTS ARE APPROXIMATE

Rateable Value - We have made verbal enquiries to the local authority and we advised as follows: £2,750 per annum.

Rent - £10,000 (Ten Thousand Pounds) per annum (Exclusive) to be paid quarterly in advance.

Vat - The property is understood not to be elected for VAT and therefore VAT will not be payable.

Epc - TBC

Legal Costs - The incoming tenant is to be responsible for the landlords reasonable legal costs incurred in respect of the granting of the lease.

Tenure - The property is offered to let on a new lease for a length of term by negotiation. There will be rent reviews at 3 yearly intervals and the lease will be granted on Tenants Full Repairing and Insuring terms.

Services - (Not tested at the time of our inspection) We understand that mains water and electricity are connected to the property.

Planning - Prospective tenants should make their own enquiries. The property has been in use for car sales that falls within Use Class Sui Generis of the Town and Country Use Classes Order 1987. It would lend itself to a variety of commercial uses subject to statutory consents.

Local Authority - Shropshire Council, Guildhall, Frankwell Quay, Shrewsbury, SY3 8HQ