Broad Street, Ludlow

Property Details: - Type: Residential development - Bedrooms: 0 - Bathrooms: 0

Agent: Halls - Commercial Property Phone: 01743 534860

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. <br/><br/>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). <br/><br/>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 <br/>the characteristics of the property and its potential.<br/><br/><b>Location</b> - 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. <br/><br/>Key Location Highlights<br/>• Nearby occupiers include Bodenhams, The Silver Pear and Fat Face, while Broad Street also offers on-street parking (subject to restrictions).<br/>• Ludlow is the administrative centre for South Shropshire with a diverse local economy supporting retail, professional services, hospitality and tourism<br/>• 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.<br/>• The town is renowned for its historic character, food culture and attractions including Ludlow Castle and the Buttercross, attracting visitors year-round.<br/>• 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. <br/><br/>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.<br/><br/><b>Terms</b> - 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.<br/><br/>