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Bull Ring, Ludlow, Shropshire, SY8 2 bed property for sale
Bull Ring, Ludlow, Shropshire, SY8
£575,000
Bull Ring, Ludlow, Shropshire, SY8
£575,000
Our Summary
- Exciting opportunity to acquire a charming property within the historic heart of Ludlow, with planning consent for two 2bed luxury apartments on the upper floors, plus huge potential for a range of uses on the shop floor (subject to planning) including a coffee shop, wine bar
- LISTING STATUSGrade II listedDEVELOPMENT POTENTIALThe benefit of the property is that the upper floors and the courtyard building both have an independent access and are not reliant on access through the retail frontage
- Planning and Listed Building consent has been granted by Shropshire Council for the development of the first and second floors to provide 2 x 2 bedroom apartments with spacious kitchen diner and separate lounge
- In addition, there is further scope for the development of The Courtyard Building (subject to obtaining the necessary consents)VIEWINGS Viewings are strictly by appointment with the selling agent
Description
This historic freehold property in Ludlow, Shropshire, offers a unique opportunity to acquire a charming property with immense potential for redevelopment. The property comprises a ground floor retail space, two storeys of accommodation, a courtyard building, and a private courtyard. The upper floors and courtyard building have independent access and are not reliant on access through the retail frontage. Planning and Listed Building consent has been granted to develop the first and second floors into two 2-bedroom apartments, and there is further scope for development of the courtyard building, subject to obtaining necessary consents. The property is available for sale as a whole for £575,000 or in two lots, with a guide price of £225,000 for the commercial shop and cellar, and £350,000 for the first and second floors, courtyard building, and private courtyard.