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Tower Street, Ludlow

Offers in Region of
£185,000

£153.02 per sq ft

Business rates & charges may apply

Halls Commercial, Shrewsbury
SIZE AVAILABLE

1,209 sq ft

112 sq m

SECTOR

High street retail property for sale

Description

This turn key opportunity offers the opportunity to acquire a freehold property and trading business. "Pot Luck" which has been trading from the address for a number of years with a consistent turnover of over £160,000 per year during the last three years.

The property comprises of a Ground Floor shop unit and Cellar. The Ground Floor retail area offers a Total Net Internal Area of approximately 525 sq ft (48.81m sq) along with auxiliary storage, kitchenette and WC. The the Cellar is currently used as a further sales area offering a Total Gross Internal Area of approximately 550 sq ft (51.12m sq)

The property is prominently located on Tower Street in the centre of the sought after town of Ludlow. The property is located in the established prime retail location within the town centre with surrounding occupiers including Specsavers, Penny Plain, Joules and Boots.

Ludlow is an established market town and is the administrative centre serving South Shropshire. The town has all local amenities and benefits from being an established tourist centre. Ludlow has a population of circa 11,000, and is located approximately 34 miles from Shrewsbury and approximately 24 miles from Hereford.

(all measurements are approximate)

Ground Floor
Total Net Internal Sales Area - 525 sq ft (48.81m sq)
Ancillary Storage
Kitchenette
WC

Cellar
Total Gross Internal Area - 550 sq ft (51.12m sq)

Price - £185,000 (One Hundred and Eighty-Five Thousand Pounds) (exclusive)

Accounts - The business accounts can be made available upon request.

Services - Not tested

Prospective purchasers should rely on their own enquiries.

The property is understood to benefit from mains water, drainage and electricity.

Planning - Prospective parties should make their own enquiries.

The property is understood to benefit from planning consent for Use Class E of the Town and Country Use Classes Order 1987.

Vat - It is understood that the property is not elected for VAT, therefore VAT will not be payable on the purchase.

Legal Costs - Each party is to be responsible for their own legal costs incurred in respect of the sale of the property.

Rateable Value - Current rateable value (1 April 2026 to present) - £13,500

Epc - To be assessed

Tenure - The property is being offered for sale freehold.

The property is registered on the HM Land Registry for England under Title Number SL233895.

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

Brochures

Tower Street, Ludlow

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ludlow Station0.2 miles

About Halls Commercial, Shrewsbury

Bowmen Way, Battlefield, Shrewsbury, SY4 3DR
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2Industry affiliation logo 3

Notes

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Disclaimer - Property reference 34996806. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Halls Commercial, Shrewsbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.