Hilton Smythe 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. This was leased, and generated a healthy £800pcm income.
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; this is no longer trading.
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.
Financial Profile Potential to generate a good rental income.