Overview
Description
Business
Reasonable 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.
Is this business relocatable:
Is stock included:
Listed By:
Similar Listings
Outstanding opportunity to acquire highly regarded commercial vehicle accident repairs specialist with long established reputation & trade client base offering professional insurance approved services on 5-day week from extremely spacious & ...
FREEHOLD currently a very well established salon currently but suitable for conversion to a variety of uses. Operates 4.5 day week from charming & extremely well fitted cottage-style parade premises on affluent suburban village High Street. High ...
rare opportunity to acquire renowned Porsche specialist offering ‘one stop’ range of auto mechanical/body & paint restoration/panel manufacturing & parts services from spacious & extremely well fitted industrial workshop &...
WELL ESTABLISHED POST OFFICE – WEST MIDLANDS Post Office Salary £71,000pa with £20,000 additional shop sales Flat above (currently let £650pcm) could be owners accommodation Affluent and desirable village location in Birmingha...
WELL ESTABLISHED POST OFFICE – WEST MIDLANDS Post Office Salary £71,000pa with £20,000 additional shop sales Flat above (currently let £650pcm) could be owners accommodation Affluent and desirable village location in Birmingha...
WELL PRESENTED PUBLIC HOUSE – WORCESTERSHIRE Situated in the desirable city of Worcestershire Well established and highly reputed business High amount of regular and repeat trade Scope to further develop the business Advised annual turnover of ...