Upper Galdeford Upper Galdeford, Ludlow, SY8 1QF

22,042 sq ft
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Use Class

Use Class

E

Size

Size

22,042 sq ft

Rent pa

Rent pa

POA

TO LET / FOR SALE - PRIME RETAIL & LEISURE PREMISES

The property comprises a two storey retail property, constructed in the 1980s and provides a glazed frontage to the ground floor with a loading area to the rear with two goods lifts providing access to the first floor.

Internally, the premises provides retail accommodation to ground floor, staff toilets, offices, kitchen and storage accommodation inclusive of walk-in chillers and freezers on the first floor level.

Externally, the unit benefits from a concrete surfaced loading area with staff parking.

  • Re use existing building

  • Sub divide existing unit into 2 retail units.

  • Site benefits from Planning Consent (Oct 22) for a mixed use 19 apartment scheme with 12 parking spaces and 2 x A1 retail units.

The property occupies a prominent main road frontage onto Upper Galdeford in the heart of Ludlow town centre. Surrounding occupiers include a mixture of national and local traders including Lloyds Pharmacy and Coral Bookmakers. To the rear of the property is a circa 200 space public pay and display car park the Feathers Hotel and Library. Ludlow is a thriving medieval market tow, the largest in Shropshire. It provides a resident population of circa 11,000 and is located 36 miles west of Birmingham, 25 miles north west of Worcester and 25 miles north of Hereford.

Key Information

Viewing

Strictly by appointment.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser’s funds will also be required.

Accommodation

22,042 Sq.Ft

Adjacent to 200 space Local Authority Car park

Areas
Sq.Ft
Sq.M
Ground Floor
14,076
1,307
First Floor
7,966
740

Financial

Rent

A new lease. Unconditional offers invited for the freehold.

Rates

The property is assessed in the 2023 Rating List as 'Supermarket and Premises' with a Rateable Value of £237,000. This is being appealed.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Tenure

Freehold / Leasehold - Leasehold terms to be agreed. Alternatively consideration could be given to unconditional freehold offers.

Sustainability

Energy Performance Certificate

C
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 13/03/2024