Prime Investment Property with Shop and Accommodation for Sale in Ludlow, Shropshire
Ludlow, Shropshire
- Status
FOR SALE
- Date Submitted:
15/08/23
- Advert ID
518103
- Reference
13300_H / Rightbiz
- Call Agent:
- Freehold: £209,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Prime Investment Opportunity
BusinessReasonable Offers Considered
CoGoGo are proud to introduce to the market this prime Freehold sale.
This prominent three storey premise comprises of a ground floor, which is set up as a fish and chip shop with all equipment, fixtures and fittings. currently leased out for £100 per week.
Above the shop is the 3-bedroom living accommodation split over the remaining two floors. Beautifully presented with a superb kitchen/diner and modern décor. This is ideal as either owner’s accommodation or if let there is the potential to generate an additional rental income of circa £5,400 per annum (450 pcm).
We would encourage early viewing of this prime asset which genuinely comes to the market as a retirement sale.
Location
This fantastic freehold investment opportunity is located in the picturesque town of Ludlow, Shropshire.
This prominent building occupies a prime corner position within a heavily populated residential area. The premise is located close to Ludlow Junior School. The area is served by the A49 and the town centre and train station are just a short distance away from the property.
Ludlow is an attractive and thriving market town. The town centre is steeped in rich history and is situated on a cliff above the River Teme and is surrounded by stunning countryside attracting thousands of visitors’ year after year.
Premises
Prominent three storey premise briefly comprising: -
Large ground floor retail area. Set up as a fish and chip shop with all relevant equipment, fixtures and fittings.
Owners accommodation
Kitchen/diner
Modern kitchen units with range cooker, sink unit with drainer, adequate work surfaces with cupboards under, radiator and access to pantry housing boiler.
Inner hallway
Stairs to second floor accommodation and under stairs Office.
Living room
Double glazed windows and radiator.
Second floor landing
Double glazed window and access to bedrooms and bathroom.
Bedroom 1
Window and radiator.
Bedroom 2
With skylight and radiator
Bedroom 3
Double glazed window and radiator
Bathroom
Toilet, bath, radiator, sink and separate shower cubicle.
Tenure
Freehold
The business is leased out to the tenant with 4 years remaining on a 5 year lease. The tenant is paying £180 per week.
Hours
n/a
Staff
n/a
Financial Profile
Potential to generate a good rental income.
The business is leased out to the tenant with 2 years remaining on a 5 year lease. The tenant is paying £180 per week.
The accomodation would receive rent of £5,400 per annum.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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