Property photos
Freehold
Offers in region of
£650,000
(£95.56/sq. ft)
Retail premises for sale
5-6 Broad Street, Ludlow SY86,802 sq. ft
Local area information
Property location
Nearby amenities
- St Laurence CofE Primary School 0.2 miles
- Ludlow 0.3 miles
- Ludlow Infant and Nursery School Academy 0.6 miles
- Craven Arms 7.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ludlow to find out more about the local area.
Features and description
- Freehold
- - Prominently located in the town centre of the sought after town of Ludlow
- - Former restaurant premises that is Iconic in the town of Ludlow known as De Greys prior to trading as Wildwood
- - Three storey property with a basement area providing a Total Gross Internal Floor Area of approximately 3,101 ft sq ( 288.06 m sq) on the ground floor
- - Further two floors providing a Total Gross Internal Floor Area of approximately 3,389 ft sq (314.82 m sq) providing restaurant seating, stores and welfare facilities
- - Suitable for a wide variety of retail or restaurant uses
- - Grade 2 Listed
- - Available by way of an assignment of the existing lease (alternatively consideration maybe given to the granting of a new lease)
- Estimated Rates Payable: £19200
Description
The property provides an iconic Grade 2 listed property that has until recently traded as Wildwoods and prior to that as the renowned De Greys of Ludlow. The property benefits from a double fronted glazed shop front and is arranged to provide accommodation over the three floors and basement area that has most recently been in use as a restaurant and would lend itself to a variety of restaurant and retail uses.
The property provides on the ground floor a Total Gross Internal Floor Area of Approximately 3,101 sq ft ( 288.06 sq m) arranged as restaurant seating, sales and a commercial kitchen. The upper floors provide further restaurant seating and stores and welfare facilities with a Total Gross Internal Floor Area of approximately 3,389 ft sq (314.82 m sq).
The basement area provides storage with a Total Gross Internal Floor Area of Approximately 312 sq ft (28.98 sq m). The property is as shown edged in blue on the plan in these particulars. An inspection of the property is recommended in order to fully appreciate all
the characteristics of the property and its potential.
Location
The property occupies a prominent position fronting Broad Street in the heart of Ludlow town centre, one of Shropshire’s most sought-after market towns. Located close to the junctions with High Street and Market Street, and near the historic Buttercross, the property benefits from strong visibility and footfall.
Key Location Highlights
• Nearby occupiers include Bodenhams, The Silver Pear and Fat Face, while Broad Street also offers on-street parking (subject to restrictions).
• Ludlow is the administrative centre for South Shropshire with a diverse local economy supporting retail, professional services, hospitality and tourism
• Situated on the A49, Ludlow lies approximately 34 miles from Shrewsbury and 24 miles from Hereford, with regular bus services and a railway station on the Welsh Marches Line within walking distance of the town centre.
• The town is renowned for its historic character, food culture and attractions including Ludlow Castle and the Buttercross, attracting visitors year-round.
• Ludlow has a population of circa 11,000 and offers a full range of amenities, independent retailers, cafés, restaurants and leisure facilities. Ludlow offers a strong commercial location underpinned by a robust local economy, significant tourist appeal and an affluent catchment.
The property’s prime Broad Street position close to key retail pitches and historic landmarks provides an excellent opportunity for occupiers seeking town-centre presence.
Terms
The property is to let by way of a new lease on Tenants Full Repairing and Insuring basis for a length of term by negotiation. Alternatively, the property is for sale Freehold with vacant possession.
Anti-Money Laundering (Aml) Checks
We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Planning
Prospective tenants 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. The property is understood to be Grade 2 listed.
Services
(Not tested at the time of our inspection) All mains' services are understood to be connected to the property. The property is understood to benefit from a gas fired central heating system.
Local Authority
Shropshire Council, Guildhall
Frankwell Quay, Shrewsbury
SY3 8ft
The property provides an iconic Grade 2 listed property that has until recently traded as Wildwoods and prior to that as the renowned De Greys of Ludlow. The property benefits from a double fronted glazed shop front and is arranged to provide accommodation over the three floors and basement area that has most recently been in use as a restaurant and would lend itself to a variety of restaurant and retail uses.
The property provides on the ground floor a Total Gross Internal Floor Area of Approximately 3,101 sq ft ( 288.06 sq m) arranged as restaurant seating, sales and a commercial kitchen. The upper floors provide further restaurant seating and stores and welfare facilities with a Total Gross Internal Floor Area of approximately 3,389 ft sq (314.82 m sq).
The basement area provides storage with a Total Gross Internal Floor Area of Approximately 312 sq ft (28.98 sq m). The property is as shown edged in blue on the plan in these particulars. An inspection of the property is recommended in order to fully appreciate all
the characteristics of the property and its potential.
Location
The property occupies a prominent position fronting Broad Street in the heart of Ludlow town centre, one of Shropshire’s most sought-after market towns. Located close to the junctions with High Street and Market Street, and near the historic Buttercross, the property benefits from strong visibility and footfall.
Key Location Highlights
• Nearby occupiers include Bodenhams, The Silver Pear and Fat Face, while Broad Street also offers on-street parking (subject to restrictions).
• Ludlow is the administrative centre for South Shropshire with a diverse local economy supporting retail, professional services, hospitality and tourism
• Situated on the A49, Ludlow lies approximately 34 miles from Shrewsbury and 24 miles from Hereford, with regular bus services and a railway station on the Welsh Marches Line within walking distance of the town centre.
• The town is renowned for its historic character, food culture and attractions including Ludlow Castle and the Buttercross, attracting visitors year-round.
• Ludlow has a population of circa 11,000 and offers a full range of amenities, independent retailers, cafés, restaurants and leisure facilities. Ludlow offers a strong commercial location underpinned by a robust local economy, significant tourist appeal and an affluent catchment.
The property’s prime Broad Street position close to key retail pitches and historic landmarks provides an excellent opportunity for occupiers seeking town-centre presence.
Terms
The property is to let by way of a new lease on Tenants Full Repairing and Insuring basis for a length of term by negotiation. Alternatively, the property is for sale Freehold with vacant possession.
Anti-Money Laundering (Aml) Checks
We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.
The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.
Planning
Prospective tenants 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. The property is understood to be Grade 2 listed.
Services
(Not tested at the time of our inspection) All mains' services are understood to be connected to the property. The property is understood to benefit from a gas fired central heating system.
Local Authority
Shropshire Council, Guildhall
Frankwell Quay, Shrewsbury
SY3 8ft
More information
Listed by
Halls Commercial
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