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Business
Retirement

£209,000

Property for sale

Ludlow, England, United Kingdom SY8

£209,000

Property for sale
Ludlow, England, United Kingdom SY8

    Business
    Retirement

    About this property

      Business
      Reasonable Offers Considered

      CoGoGo 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 2 years remaining on a 5 year lease. The tenant is paying £180 per week.

      The accomodation would receive rent of £5,400 per annum.

      More information

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