Comprises large shop and a 9 bedroom town house/aparthotel
Shop let to Holland and Barrett and been in occupation for over 15 years
Well restored town house with 9 ensuite rooms let on a new 20 year lease
Prominent location in affluent market town
Attractive Grade II Listed Period Building
Lot 24
Auction 18th September 2025
Rent £69,500 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail, Leisure, Residential
Auction Venue Live Streamed Auction
Property Information
Location
Miles
34 miles west of Birmingham, 23 miles north west of Worcester
Roads
A49, A456
Rail
Ludlow Railway Station
Air
Birmingham Airport
Situation
Ludlow is an attractive market town in Shropshire, highly popular with shoppers and tourists, drawn in by the architecture and local attractions including Ludlow Castle, Ludlow Assembly Rooms and St Laurences Church. The town is served by the A49, providing access to the A5 and M54 to the north and the M50 to the south. The property is situated on the east side of Broad Street, close to its junctions with Market Street and High Street in the heart of the town centre. The immediate vicinity provides a number of independent retailers, bars and restaurants.
Tenure
Freehold.
Location
Miles
34 miles west of Birmingham, 23 miles north west of Worcester
Roads
A49, A456
Rail
Ludlow Railway Station
Air
Birmingham Airport
Situation
Ludlow is an attractive market town in Shropshire, highly popular with shoppers and tourists, drawn in by the architecture and local attractions including Ludlow Castle, Ludlow Assembly Rooms and St Laurences Church. The town is served by the A49, providing access to the A5 and M54 to the north and the M50 to the south. The property is situated on the east side of Broad Street, close to its junctions with Market Street and High Street in the heart of the town centre. The immediate vicinity provides a number of independent retailers, bars and restaurants.
Tenure
Freehold.
Description
The property comprises a shop together with aparthotel accommodation on the upper two floors. The aparthotel accommodation above is accessed via Valentines Walk and provides a beautifully restored town house with 9 ensuite bedrooms (https://www.townhouseludlow.co.uk/)
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a shop together with aparthotel accommodation on the upper two floors. The aparthotel accommodation above is accessed via Valentines Walk and provides a beautifully restored town house with 9 ensuite bedrooms (https://www.townhouseludlow.co.uk/)
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Address
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
3-4 Broad Street
Ground Basement
Retail Ancillary
94.72 59.21
(1,019) (637)
HOLLAND & BARRETT RETAIL LIMITED
5 years from 30/06/2021
£27,000
-
Town House
First/Second
9 en-suite bedrooms
372.00
(4,004)
LUDLOW TOWNHOUSE LIMITED
20 years from 27/09/2024 until 31/08/2044
£42,500
5 yearly
Total
673.73
(7,249)
£69,500
N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
