Bull Ring, Ludlow, SY8
Description
Historic freehold property totalling 5,300 sqft comprising of ground floor retail (circa 1,500 sqft), two storeys of accommodation (circa 2,500 sqft), courtyard building (circa 1,300 sqft), private courtyard and a cellar. Exciting opportunity to acquire a charming property within the historic heart of Ludlow, with planning consent for two 2bed luxury apartments on the upper floors, plus huge potential for a range of uses on the shop floor (subject to planning) including a coffee shop, wine bar...and more. Available as a whole, or in lots. METHOD OF SALE The property is offered for sale by Private Treaty as a whole for £575,000, or in two lots: LOT 1 = Commercial shop (circa 1300sqft) with cellar (circa 650sqft) = £225,000 LOT 2 = First Floor (circa 1000 sqft), Second Floor (circa 825 sqft), Courtyard Building (circa 1700 sqft) = £350,000 LOCATION No. 6 & 7 The Bull Ring lies at the end of the medieval market area which stretches eastward from the entrance of Ludlow Castle. The Property sits within the main shopping area of Ludlow as well as one of the primary vehicular through routes off Corve Street. HISTORY The Property is of nineteenth century construction and extends to 3 storeys with a cellar. The shopfront benefits from glazed double doors and canted windows, elsewhere, the windows are predominately wooden sashes and leaded casements of Regency and Victorian style. The Courtyard Building is located to the rear of No. 6 & 7 and is connected by way of a private open courtyard. NO. 6 & 7 GROUND FLOOR No. 6 & 7 The Bull Ring was occupied as a single retail enterprise. Rows of characterful wooden drawers run along the back walls with a 19th-century cash desk. Beyond street level, an open plan retail area overlooks the courtyard with a separate room utilised as a kitchenette and WC and a further room occupied as an office. The courtyard is surrounded by 3 separate rooms and a store. FIRST FLOOR & SECOND FLOOR Access to the first floor can be either through the shop or via the independent side entrance. On the first floor there are once elegant rooms which served as the Rickards family accommodation. The original dining room has a well-preserved ceiling rose with a large feature window overlooking Corve Street. Above, on the second floor, the majority of the rooms enjoy views onto Corve Street and The Bull Ring, whilst the room to the rear looks onto St Lawrence’s Church. Both floors predominately feature exposed wooden floorboards and benefit from electrical light fittings. COURTYARD BUILDING The Courtyard Building is accessed from the private courtyard through either No. 6&7, or through a gateway to a side passage leading onto Corve Street (B4361). The Courtyard Building served as a rear warehouse to Rickards & Son Ltd and is typical of an early nineteenth century storage building. The first floor which has two rooms annotated as Store 4 & 5 on the floor plan. The second floor is accessed from a wooden staircase which leads into Store 6 & 7. Access into the Attic is reached by way of a steep wooden staircase. There is a fine view looking across to The Readers House and St Laurence’s Church. The flooring throughout is predominately exposed wooden floorboards and there are a number of feature beams visible throughout. FIXTURES & FITTINGS The shop counter & drawers will remain. SERVICES The Property is connected to mains water (metered), mains drainage (Severn Trent), mains electricity (Western Power) and mains gas. There is no central or storage heating. The only form of heating derives from fan heaters, the AGA (ran off mains gas) and a gas fire in the office. EPC RATINGS Exempt due to Grade II listing status. LOCAL AUTHORITY Shropshire Council, Shirehall, Abbey Foregate, SY2 6ND HEALTH & SAFETY Please take care when viewing the property and be as vigilant as possible when making an inspection for your own personal safety. WAYLEAVES EASEMENTS & RIGHTS OF WAY A right of way granted by conveyance allows for access between No. 9/10 The Bull Ring and No. 7 The Bull Ring. The access passage is obtained through a locked pedestrian gate off Corve Street allowing for access into the side doors of No.7. LISTING STATUS Grade II listed DEVELOPMENT POTENTIAL The benefit of the property is that the upper floors and the courtyard building both have an independent access and are not reliant on access through the retail frontage. Planning and Listed Building consent has been granted by Shropshire Council for the development of the first and second floors to provide 2 x 2 bedroom apartments with spacious kitchen diner and separate lounge. In addition, there is further scope for the development of The Courtyard Building (subject to obtaining the necessary consents) VIEWINGS Viewings are strictly by appointment with the selling agent. Interested parties are not permitted to view the property without a prearranged appointment with the selling agent.
Location
Key property details
- Accessibility
- Ask agent
- Parking
- Ask agent
- Garden
- No
- Carter Jonas reference
- SYR230014
Description
Historic freehold property totalling 5,300 sqft comprising of ground floor retail (circa 1,500 sqft), two storeys of accommodation (circa 2,500 sqft), courtyard building (circa 1,300 sqft), private courtyard and a cellar. Exciting opportunity to acquire a charming property within the historic heart of Ludlow, with planning consent for two 2bed luxury apartments on the upper floors, plus huge potential for a range of uses on the shop floor (subject to planning) including a coffee shop, wine bar...and more. Available as a whole, or in lots. METHOD OF SALE The property is offered for sale by Private Treaty as a whole for £575,000, or in two lots: LOT 1 = Commercial shop (circa 1300sqft) with cellar (circa 650sqft) = £225,000 LOT 2 = First Floor (circa 1000 sqft), Second Floor (circa 825 sqft), Courtyard Building (circa 1700 sqft) = £350,000 LOCATION No. 6 & 7 The Bull Ring lies at the end of the medieval market area which stretches eastward from the entrance of Ludlow Castle. The Property sits within the main shopping area of Ludlow as well as one of the primary vehicular through routes off Corve Street. HISTORY The Property is of nineteenth century construction and extends to 3 storeys with a cellar. The shopfront benefits from glazed double doors and canted windows, elsewhere, the windows are predominately wooden sashes and leaded casements of Regency and Victorian style. The Courtyard Building is located to the rear of No. 6 & 7 and is connected by way of a private open courtyard. NO. 6 & 7 GROUND FLOOR No. 6 & 7 The Bull Ring was occupied as a single retail enterprise. Rows of characterful wooden drawers run along the back walls with a 19th-century cash desk. Beyond street level, an open plan retail area overlooks the courtyard with a separate room utilised as a kitchenette and WC and a further room occupied as an office. The courtyard is surrounded by 3 separate rooms and a store. FIRST FLOOR & SECOND FLOOR Access to the first floor can be either through the shop or via the independent side entrance. On the first floor there are once elegant rooms which served as the Rickards family accommodation. The original dining room has a well-preserved ceiling rose with a large feature window overlooking Corve Street. Above, on the second floor, the majority of the rooms enjoy views onto Corve Street and The Bull Ring, whilst the room to the rear looks onto St Lawrence’s Church. Both floors predominately feature exposed wooden floorboards and benefit from electrical light fittings. COURTYARD BUILDING The Courtyard Building is accessed from the private courtyard through either No. 6&7, or through a gateway to a side passage leading onto Corve Street (B4361). The Courtyard Building served as a rear warehouse to Rickards & Son Ltd and is typical of an early nineteenth century storage building. The first floor which has two rooms annotated as Store 4 & 5 on the floor plan. The second floor is accessed from a wooden staircase which leads into Store 6 & 7. Access into the Attic is reached by way of a steep wooden staircase. There is a fine view looking across to The Readers House and St Laurence’s Church. The flooring throughout is predominately exposed wooden floorboards and there are a number of feature beams visible throughout. FIXTURES & FITTINGS The shop counter & drawers will remain. SERVICES The Property is connected to mains water (metered), mains drainage (Severn Trent), mains electricity (Western Power) and mains gas. There is no central or storage heating. The only form of heating derives from fan heaters, the AGA (ran off mains gas) and a gas fire in the office. EPC RATINGS Exempt due to Grade II listing status. LOCAL AUTHORITY Shropshire Council, Shirehall, Abbey Foregate, SY2 6ND HEALTH & SAFETY Please take care when viewing the property and be as vigilant as possible when making an inspection for your own personal safety. WAYLEAVES EASEMENTS & RIGHTS OF WAY A right of way granted by conveyance allows for access between No. 9/10 The Bull Ring and No. 7 The Bull Ring. The access passage is obtained through a locked pedestrian gate off Corve Street allowing for access into the side doors of No.7. LISTING STATUS Grade II listed DEVELOPMENT POTENTIAL The benefit of the property is that the upper floors and the courtyard building both have an independent access and are not reliant on access through the retail frontage. Planning and Listed Building consent has been granted by Shropshire Council for the development of the first and second floors to provide 2 x 2 bedroom apartments with spacious kitchen diner and separate lounge. In addition, there is further scope for the development of The Courtyard Building (subject to obtaining the necessary consents) VIEWINGS Viewings are strictly by appointment with the selling agent. Interested parties are not permitted to view the property without a prearranged appointment with the selling agent.
Location
Key property details
- Accessibility
- Ask agent
- Parking
- Ask agent
- Garden
- No
- Carter Jonas reference
- SYR230014