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6 King St 1,152 sq ft Retail Property Ludlow SY8 1AQ £625,000 (£542.53/sq ft)
Investment Highlights
- Prime town-centre mixed-use property at 6 King Street, Ludlow, on a key retail pitch with strong footfall.
- Attractive Grade II listed building with rear yard, traditional construction and prominent double-fronted retail frontage.
- Vacant upper floors with separate access from Church Walk, offering strong potential for residential conversion (subject to consents).
Executive Summary
Offers invited around £695,000 (exclusive), presenting a compelling value-add investment opportunity in a sought-after market town.
Secure ground-floor income let to Crew Clothing Ltd, producing £30,000 per annum with approx. 4.2 years unexpired.
The premises comprise an attractive part four and part single storey property located in the town centre of Ludlow. The commercial part of the property trades as a tenanted retail shop on the ground floor. The upper three floors floor benefit from a separate entrance from Church Walk and provide vacant accommodation in a shell condition that would ideally lend themselves to conversion to residential accommodation, subject to statutory consents.
The premises benefit from a rear yard area accessed from Church Walk. The property is of traditional brick construction under a part slate and part flat felt roof cover. The ground floor of the property is well presented, and the shop unit benefits from a fully glazed double fronted shop front onto King Street. The property is Grade II Listed.
Secure ground-floor income let to Crew Clothing Ltd, producing £30,000 per annum with approx. 4.2 years unexpired.
The premises comprise an attractive part four and part single storey property located in the town centre of Ludlow. The commercial part of the property trades as a tenanted retail shop on the ground floor. The upper three floors floor benefit from a separate entrance from Church Walk and provide vacant accommodation in a shell condition that would ideally lend themselves to conversion to residential accommodation, subject to statutory consents.
The premises benefit from a rear yard area accessed from Church Walk. The property is of traditional brick construction under a part slate and part flat felt roof cover. The ground floor of the property is well presented, and the shop unit benefits from a fully glazed double fronted shop front onto King Street. The property is Grade II Listed.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,152 sq ft
Costar Property Class
B
Year Built
1800
Price
£625,000
Price per sq ft
£542.53
Tenancy
Single
Number of Floors
4
Plot ratio
0.54
Total Plot Size
0.05 ac
Frontage
22 ft on King Street
Amenities
- EPC - D
- Storage Space
1 1
Nearby Major Retailers
1 of 12
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6 King St
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