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Freehold Ludlow Town Centre Pub/ Restaurant/ Development Site £325,000 For Sale

Ludlow, Shropshire, UK
Asking Price:
£325,000
Turnover:
Not applicable
Net Profit:
Not applicable

• Located in centre of Ludlow close to Ludlow market.
• Two trading areas, large external courtyard/patio.
• Extensive accommodation at first and second floor.
• Development potential for range of pub, bar, restaurant and residential uses.

Property Information

Property:

Freehold

Living Accommodation:

First Floor: Large double bedroom/office, a large main office/lounge, additional bedroom, bathroom and utility. A further series of 3 general stores lie to the rear of the first floor extension.

Second Floor: 3 double bedrooms, box room and bathroom.

Location:

Chang Thai is located in Ludlow town centre, 50 yards from Ludlow Market, adjacent to High Street and Castle Street and on the retail and entertainment circuit.

Ludlow is an affluent Shropshire Market Town with a population of 10266 (Census 2011) which attracts visitors throughout the year. The town has developed a reputation for quality dining and was known the only town in England with 3 Michelin starred restaurants.

Premises Details:

The property which was previously known as the Globe, comprises a late 18th Century 3 storey building with a similar 2 storey extension to the rear. The property is of brick construction beneath pitched slated roofs with painted elevations, benefitting from an archway access leading to a rear courtyard external trading area.

Ground Floor: Internally the main 50 cover restaurant is situated to the front of the building and leads through to the catering kitchen, wash up and preparation area. Adjoining are the gentlemen’s customer lavatories, a freezer store and thereafter an adjoining general store. The bar is on the opposite side of the courtyard from the restaurant and includes a metal topped servery and a range of loose f&f providing circa 22 covers. To the rear of the servery is a small keg cellar. The ladies customer lavatories adjoin the bar.

Basement: Cellar/General stores.

The courtyard which is part covered provides a pleasant external trading area by way of 3 separate decked seating areas, one with large jumbrella, providing circa 60 covers.

The site area is 0.163 acres and footprint of the building circa 3996 sf. (Source Nimbus Maps).

Energy Performance Rating:
C  View EPC Graph for this property

Other Information

Related Documents: