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2 bedroom property for sale
Bull Ring, Ludlow, Shropshire, SY8
£595,000
Bull Ring, Ludlow, Shropshire, SY8
£595,000
Our Summary
- An exciting opportunity to acquire an attractive period property set within the charming historic heart of Ludlow, with huge potential for a range of uses (subject to planning) including a coffee shop, wine bar, holiday lets, residential apartments
- 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
- There is development opportunity for a range of uses (subject to planning) including a coffee shop, wine bar, holiday lets, residential apartments and more
Description
The historic freehold property, totaling 5,300 sqft, comprises a ground floor retail unit (circa 1,500 sqft), two storeys of accommodation (circa 2,500 sqft), a separate courtyard building (circa 1,300 sqft), and a cellar. The property is located in the charming historic heart of Ludlow, with huge potential for a range of uses, including a coffee shop, wine bar, holiday lets, and residential apartments (subject to planning). The property has been a much-loved hardware shop for over 150 years and features original features such as wooden sash windows, exposed floorboards, and a curved window overlooking The Courtyard. The courtyard building serves as a rear warehouse and has an independent access. The property is connected to mains water, drainage, electricity, and gas, but does not have central heating. The current rateable value is £15,469 per annum, and the property is listed as Grade II.