The opportunity provides for 10 residential units and an office /retailunit. Plans relating to the opportunity are shown edged green on theattached plans. The property is prominently located as you approachthe town centre from the south east along Lower Galdeford. Theaccess points to the development are shown on the plans attached.LOCATIONThe property is located fronting onto Tower Street, in the sought afterarea of the town of Ludlow. The property currently trades as OneStop incorporating the Post Office. The Ground Floor of the propertyis to be occupied by a restaurant or national retailer, leaving theopportunity to develop a small section of the ground floor and theupper floors as per planning reference number 16/04032/FUL.Ludlow is an established market town and tourist town locatedin south Shropshire with a population of circa 11,000 people. Thetown has nearly 500 Listed Buildings and was described by Sir JohnBettemen as probably the loveliest town in England.The property interest is offered for sale on the basis of an overriding999 year lease at a peppercorn rent of £150 per annum, rising every100 years by £50 per annum.Not applicable
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