Commercial property for sale in Ludlow, England, United Kingdom SY8, £209,000

209,000.00

Offer Nr.:
58511686
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
Reasonable Offers Considered
Hilton Smythe are proud to introduce to the market this prime Freehold sale.
This prominent three storey premise comprises of a ground floor, which is set
up as a fish and chip shop with all equipment, fixtures and fittings.
Currently leased out for £100 per week.
Above the shop is the 3 - bedroom living accommodation split over the remaining
two floors. Beautifully presented with a superb kitchen/diner and modern
décor. This is ideal as either owner’s accommodation or if let there is the
potential to generate an additional rental income of circa £5, 400 per annum
(450 pcm).
We would encourage early viewing of this prime asset which genuinely comes to
the market as a retirement sale.
_Location_
This fantastic freehold investment opportunity is located in the picturesque
town of Ludlow, Shropshire.
This prominent building occupies a prime corner position within a heavily
populated residential area. The premise is located close to Ludlow Junior
School. The area is served by the A49 and the town centre and train station
are just a short distance away from the property.
Ludlow is an attractive and thriving market town. The town centre is steeped
in rich history and is situated on a cliff above the River Teme and is
surrounded by stunning countryside attracting thousands of visitors’ year
after year.
_Premises_
Prominent three storey premise briefly comprising: -
Large ground floor retail area. Set up as a fish and chip shop with all
relevant equipment, fixtures and fittings.
Owners accommodation
Kitchen/diner
Modern kitchen units with range cooker, sink unit with drainer, adequate work
surfaces with cupboards under, radiator and access to pantry housing boiler.
Inner hallway
Stairs to second floor accommodation and under stairs Office.
Living room
Double glazed windows and radiator.
Second floor landing
Double glazed window and access to bedrooms and bathroom.
Bedroom 1
Window and radiator.
Bedroom 2
With skylight and radiator
Bedroom 3
Double glazed window and radiator
Bathroom
Toilet, bath, radiator, sink and separate shower cubicle.
_Tenure_
Freehold
The business is leased out to the tenant with 4 years remaining on a 5 year
lease. The tenant is paying £180 per week.
_Hours_
n/a
_Staff_
n/a
_Financial Profile_
Potential to generate a good rental income.
The business is leased out to the tenant with 4 years remaining on a 5 year
lease. The tenant is paying £180 per week.
The accomodation would receive rent of £5, 400 per annum.

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