Commercial property for sale in Rock Lane, Ludlow SY8

£209,000
Commercial property for sale
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Property description

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. This was leased, and generated a healthy £800pcm income.

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; this is no longer trading.

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

Hours
n/a

Staff
n/a

Financial Profile
Potential to generate a good rental income.

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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