This iconic Grade II listed property, formerly Wildwoods and the renowned De Greys of Ludlow, features a double-fronted glazed storefront. The building spans three floors plus a basement, with ground-floor restaurant seating, sales area, and commercial kitchen. The basement offers storage, while the upper floors provide additional seating, storage, and welfare facilities. Traditional timber framework and brickwork under a tiled roof give the property a classic character suitable for various restaurant and retail uses. An inspection is recommended to appreciate its full potential.
The property is prominently situated on Broad Street in Ludlow’s town center, near High Street, Market Street, and The Buttercross, with nearby occupiers including Bodenhams, The Silver Pear, and Fat Face. Broad Street offers limited on-street parking. Ludlow, a popular market town and tourist center with around 11,000 residents, is approximately 34 miles from Shrewsbury and 24 miles from Hereford.
Tenure: A new lease is available for a term to be agreed upon, subject to 5 yearly rent reviews.
Passing Rent: £65,000 per annum exclusive.
VAT: VAT may be applicable to the rent, premium and other outgoings.
Planning/Licencing: The property is understood to benefit from planning consent for Use Class E. The property is understood to be Grade 2 listed.
Holding Deposit: A holding deposit will be required to secure the property and will grant a period of exclusivity which will be held in the CDG Leisure client account until completion.
Key selling points:
New Lease
Grade 2 Listed Building
Fully fitted kitchen
