Tower Street, Ludlow Retail property (high street) to rent - £1,292 pcm (£298 pw)

The property comprises of a prominently located lock up shop unit that is arranged over the ground and first floor. The property provides a ground floor sales area with a Total Net Internal Area of approximately of 694 sq ft (64.47 sq m) with welfare facilities and a first-floor office with a Net Internal Area of approximately 227 sq ft (21.09 sq m)
The property benefits from a return glazed shop frontage onto Old Street and Tower Street and would lend itself to a variety of commercial uses, subject to statutory consents. The property is understood to be Grade 2 listed and all parking serving the property is on street.

Location - The property is prominently located at the junction of The Bullring and Tower Street in the centre of the sought after town of Ludlow. The property is located in the established prime retail location within the town centre with surrounding occupiers including Specsavers, Joules and Boots.

Ludlow is a market town and civil parish in Shropshire, England. It is located 28 miles (45 km) south of Shrewsbury and 23 miles (37 km) north of Hereford, on the A49 road which bypasses the town. The town is near the confluence of the rivers Corve and Teme.

The oldest part is the medieval walled town, founded in the late 11th century after the Norman conquest of England. It is centred on a small hill which lies on the eastern bank of a bend of the River Teme. Situated on this hill are Ludlow Castle and the parish church, St Laurence's, the largest in the county. From there the streets slope downward to the rivers Corve and Teme, to the north and south respectively. The town is in a sheltered spot beneath Mortimer Forest and the Clee Hills, which are clearly visible from the town.

Ludlow has nearly 500 listed buildings, including examples of medieval and Tudor-style half-timbered buildings. The town was described by Sir John Betjeman as "probably the loveliest town in England".

Tenure - The property is offered to let on a Tenants Full Repairing and Insuring Lease for a length of term by negotiation with rent reviews at 3 yearly intervals.

Planning - Interested parties should make their own enquiries. The property is understood to benefit from planning for retail use falling within Use Class E. The property is understood to be Grade II Listed. The property would lend itself to a variety of commercial uses, subject to any statutory consents.

Services - (Not tested at the time of our inspection.)
We understand that mains water drainage and electricity are connected to the property. Mains gas is also available to the property subject to the standard connection charges.