FOR SALE - Halls

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FOR SALE

RETAIL Ground Floor, 56 Mill Street, Ludlow, Shropshire, SY8 1BB

Town Centre Retail Unit. Grade II listed Benefits from a rear yard Guide Price: Offers in the Region of £150,000 at a yield of 8%

hallsgb.com

01743 450 700

FOR SALE RETAIL Ground Floor, 56 Mill Street, Ludlow, Shropshire, SY8 1BB Location

The property is situated in Ludlow Town Centre fronting on to Mill Street. Ludlow is a popular established Market Town and administrative centre. The town is a very popular tourist centre.

Description

The property comprises a ground floor retail unit set within a Grade II listed building, situated in the popular market town of Ludlow.

Energy performance rating The property is rated as D.

Fixtures and fittings

Any fixture and fittings not expressly mentioned within the confines of these particulars are excluded from the sale.

Financial Act 1989

The property has been used as a hair salon and the space is arranged as retail space, with separate staff/ treatment rooms. There is also further salon space in the basement.

Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax (VAT). Any intending Purchaser should satisfy themselves independently as to VAT in respect of any transaction.

Accommodation

Services

(All measurements are approximate only) Ground Floor Salon 253 Sq. Ft. (23.52 Sq. M.) Lobby 24 Sq. Ft. (2.2 Sq. M) Lobby 27 Sq. Ft. (2.5 Sq. M.) Staff Room 28 Sq. Ft. (2.62 Sq. M.) Toilet Treatment Room No. 1 179 Sq. Ft. (16.67 Sq. M.) Treatment Room No. 2 82 Sq. Ft. (7.6 Sq. M.) Yard Basement (Hairdressing Salon)

Mains water, electricity and drainage are understood to be connected to the property. Mains gas is connected to the shop unit for the central heating/hot water system.

VAT

All prices mentioned in these details and subsequently correspondence is exclusive of VAT. The property is understood not to be elected for VAT.

Viewing

Strictly by prior arrangement with the Sole Agent. For more information please contact:

Planning

Prospective purchasers should make their own enquiries to the local authority. The property is believed to be Grade II Listed.

Guide price

Offers in the Region of £150,000 at a yield of 8%.

Tenure

A 999 year leasehold interest in the property is offered for sale, subject to the occupational tenancy of the ground floor and basement, which is the shop. However, vacant possession can be available by separate negotiation. The upper floors are also avaliable, comprising three flats let on assured shorthold tenancy agreements. The freehold interest in the whole building is available.

Rateable value Shop: Rateable Value Rates Payable

£4,700 £0

(The government currently has a policy of rates relief, there is no guarantee this will continue indefinitely and parties should make their own enquiries.)

hallsgb.com

01743 450 700 James Evans E: [email protected] Rebecca Welch E: [email protected]

FOR SALE RETAIL Ground Floor, 56 Mill Street, Ludlow, Shropshire, SY8 1BB

01743 450 700 E: [email protected] F: 01743 443759 W: hallsgb.com IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and Wales. Halls, for themselves and for the vendor of this property, or as the case may be, lessor whose agent they are, given notice that: i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not consitute part of an over or contract. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. ii) Halls have not made any investigations into the existance or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Halls nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority .

hallsgb.com

Shrewsbury / West Midlands / Worcester