Summary

Property Type Restaurant
Tenure To Let / For Sale
Size 6,802 sq ft
Rent £65,000 per annum
Rates Payable £19,200 per annum 1st April 2023 - present
EPC Rating This property has been graded as B (47)
  • - Prominently located in the town centre of the sought after town of Ludlow
  • - Former restaurant premises that is Iconic in the town of Ludlow known as De Greys prior to trading as Wildwood
  • - Three storey property with a basement area providing a Total Gross Internal Floor Area of approximately 3,101 ft sq ( 288.06 m sq) on the ground floor
  • - Further two floors providing a Total Gross Internal Floor Area of approximately 3,389 ft sq (314.82 m sq) providing restaurant seating, stores and welfare facilities
  • - Suitable for a wide variety of retail or restaurant uses
  • - Grade 2 Listed
  • - Available by way of an assignment of the existing lease (alternatively consideration maybe given to the granting of a new lease)

About

The property provides an iconic Grade 2 listed property that has until recently traded as Wildwoods and prior to that as the renowned De Greys of Ludlow. The property benefits from a double fronted glazed shop front and is arranged to provide accommodation over the three floors and basement area that has most recently been in use as a restaurant.

The property provides on the ground floor a Total Gross Internal Floor area of approximately 3,101 ft sq ( 288.06 m sq) arranged as restaurant seating, sales and a commercial kitchen. The basement area provides storage with a Total Gross Internal Floor Area of approximately 312 ft sq (28.98 m sq). The upper floors provide further restaurant seating and stores and welfare facilities with a Total Gross Internal Floor Area of approximately 3,389 ft sq (314.82 m sq).

An inspection of the property is recommended in order to fully appreciate all the characteristics of the property and its potential. The property would lend itself to a variety of restaurant and retail uses.

The property is of traditional timber framework and brickwork under a tiled roof cover.

5-6 Broad Street, Ludlow, Restaurant To Let / For Sale - PHOTO20231019073543 20231019 15_22_44 3.jpg

Accommodation

Namesq ftsq m
Basement 312 28.99
Ground 3,101 288.09
1st 2,352 218.51
2nd 1,037 96.34
Total6,802631.93

Location

The property is prominently located fronting onto Broad Street in the town centre of the sought after town of Ludlow. The property is located close to the junction of Broad Street with High Street and Market Street and close to The Buttercross. The surrounding occupiers include Bodenhams, The Silver Pear and Fat Face.

Broad Street provides some on street car parking, subject to parking restrictions.

Get directions from Google Maps

5-6 Broad Street - PHOTO20231019073543 20231019 15_22_44 1.jpg

Further Information

  • Terms

    The property is to let by way of a new lease on Tenants Full Repairing and Insuring basis for a length of term by negotiation. Alternatively the property is for sale Freehold with vacant possession.

    Alternatively consideration would be given to the letting on a new lease on terms to be agreed (subject to status).