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TO LET
PROMINENTLY POSITIONED TWO STOREY SHOP UNIT10 Tower Street, Ludlow, Shropshire, SY8 1RL
A prominently positioned two storey lock up shop unit in Ludlow Town Centre, currently devided into two speerate units. Ground floor sales area of
approximately 28.84sq m (310sq ft)
RENT : £12,000 Per Annum (Exclusive)
hallsgb.com 01743 450 700
LocationThe property is prominently situated fronting onto Tower Street in the town centre of the sought after town of Ludlow. Tower Street serves as one of the main retail streets in the town centre and is close to all local amenities. Ludlow is an established market town and tourist centre and has a significant catchment area.
DescriptionThe property comprises a two storey lock up shop unit with a basement area. The property provides a ground floor sales area of approximately 28.84sq m (310sq ft).
The first floor is arranged to provide ancillary retail space with welfare facilities. The total accommodation is approximately 20.15sq m (216sq ft).
The property benefits from a basement area.
Accommodation (All measurements are approximate)
10 Tower StreetGround FloorSales Area 28.84sq m (310sq ft)
First FloorSales 20.15sq m (216sq ft)
Guide Rental£12,000 Per Annum (Exclusive).
The rent is to be paid quarterly in advance by standing order.
TenureThe property is available to let on a new lease for a length of term by negotiation. There will be rent reviews at three yearly intervals. The lease is to be granted on a Tenants Internal Repairing and Full Insuring Terms, with the tenant being responsible for the shop front.
Rateable ValueVerbal enquiries were made to the local charging authority and we were advised as follows:
10 Tower Street.Rateable Value £7,400Rates Payable £828.80
Energy Performance Rating10 Tower Street has an ERC rating of E - 112
Services(Not tested at the time of our inspection)
Prospective purchasers should make their own enquiries.
It is understood that all mains water, electricity and drainage are connected to the property.
Fixtures and FittingsOnly those items described in these sales particulars are included in the sale.
Legal CostsThe incoming tenant is to be responsible for the landlord’s legal costs in respect of the letting of the property.
Financial Act 1989Unless otherwise stated, all prices and rents quoted are exclusive of Value Added Tax (VAT). Any intending Tenant should satisfy themselves independently as to VAT in respect of any transaction.
Local AuthorityShropshire Council, Shirehall, Abbey Foregate, Shrewsbury SY2 6ND Telephone: 0345 678 9000
ViewingStrictly by prior arrangement with the Sole Agent. For more information or to arrange a viewing please contact:
TO LET
PROMINENTLY POSITIONED TWO STOREY SHOP UNIT10 Tower Street, Ludlow, Shropshire, SY8 1RL
James EvansE: [email protected] WelchE:[email protected]
01743 450 700
Shrewsbury / West Midlands / Worcester
IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and Wales. Halls, for themselves and for the vendor of this property, or as the case may be, lessor whose agent they are, given notice that: i) These particulars are intended for guidance only. They are prepared and issued in good faith and are intended to give a fair description but do not consitute part of an over or contract. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. ii) Halls have not made any investigations into the existance or otherwise of any issues concerning pollution and potential land, air and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Halls nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the Use stated in these particulars and should check their proposed use with the relevant Planning Authority .
hallsgb.com
01743 450 700E: [email protected]: 01743 443759W: hallsgb.com
TO LETPROMINENTLY POSITIONED TWO STOREY SHOP UNIT10 Tower Street, Ludlow, Shropshire, SY8 1RL