Map
Area statsResidential development to rent
Broad Street, Ludlow
Residential development
6802
Key information
Council tax: Ask agent
Features and description
- -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)
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.
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.
Property information from this agent
Area statistics
Crime score
Moderate crime
4/10
About this agent
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield
Shrewsbury, Shropshire
SY4 3DR
01743 534860Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.