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Iconic Restaurant Premises In Ludlow Town Centre For Sale

Ludlow, Shropshire, UK
Asking Price:
Undisclosed Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

Rare opportunity to acquire a substantial fully fitted restaurant premises in the heart of Ludlow, one of Shropshire’s most popular market towns and tourist destinations.

This impressive Grade II listed property was formerly occupied by Wildwoods and the well-known De Grey's of Ludlow restaurant. Arranged over four levels including a basement, the premises offer extensive restaurant accommodation with a fully fitted commercial kitchen, generous customer seating areas, storage facilities, and staff welfare space. The property benefits from an attractive double-fronted glazed frontage, creating a strong presence in a busy town centre location.

Situated on Broad Street, close to High Street, Market Street and The Buttercross, the property enjoys excellent visibility and footfall from both local residents and visitors. Nearby occupiers include established retailers and independent businesses, helping to drive consistent customer traffic throughout the year. Ludlow attracts significant tourism due to its historic character, food culture and regular events.

The versatile layout provides opportunities for a restaurant, café, hospitality venue, retail concept or other uses permitted under Class E, subject to any necessary consents. The large floor area allows operators to create multiple dining environments, private event spaces or expanded trading areas. The property is available on a new lease, offering flexibility for incoming tenants.

Full details and viewing arrangements are available upon request. Early enquiries are strongly recommended.

Property Information

Property:

Leasehold

Lease Terms:

New lease available with term to be agreed, subject to five-yearly rent reviews. VAT may be applicable. Holding deposit required to secure exclusivity prior to completion.

Lease Rent:
£65,000 per sq ft per annum
Premises Details:

Prominent Grade II listed town centre building with double-fronted glazed frontage. Accommodation arranged across ground floor, first floor, second floor and basement. Includes restaurant seating areas, commercial kitchen, storage facilities and staff welfare accommodation.

Size in square feet:
6,802 sq ft
Planning Consent:

Understood to benefit from Use Class E planning consent. Grade II listed building.

Business Operation

Expansion Potential:

Potential to enhance the existing restaurant offering, introduce private dining, events, café operations, retail sales or alternative Class E uses, subject to any required approvals.

Competition / Market:

Located amongst a mix of established retailers, hospitality businesses and independent operators within Ludlow town centre, benefiting from strong visitor and local trade.

Trading hours:

To Be Determined By Operator

Employees:
To Suit Owner's Requirements