The property is located off Station Road adjacent to other commercial occupiers and is approximately half a mile from the A49 Hereford/Shrewsbury Trunk Road in Woofferton.
The Town of Ludlow is an established market town and is the administrative centre serving South Shropshire and is located approximately 3 miles from the property. The town has all local amenities and benefits from being an established tourist centre.
All measurements are approximate only)
Single Storey Office/Trade Counter 60 sq mtrs (645 sq ft)
Storage 45 sq mtrs (484 sq ft)
Workshop, Mezzanine & Store 236 sq mtrs (2,540 sq ft)
Open-fronted Lean-to 92 sq mtrs (995 sq ft)
Total 433 sq mtrs (4,644 sq ft)
Note: The demise is shown outlined in red on the plan with a right of way over the area hatched in green. Those buildings as shown shaded blue are included in the sale on 125 year lease from 2004 at a peppercorn rent.
Freehold with exception of the buildings shaded blue on the plan below which are leasehold.
An uplift clause was established in 2003, whereby should any owner obtain planning permission for the conversion of part or whole of the property to residential use within 20 years from this date, National Rail will be entitled to 50% of the increase in value of the property. Therefore, this uplift would transfer onto the purchaser.
We have made non-verbal enquiries to Shropshire Council and can confirm the following:
Rateable Value (2014/15): £4,950
Rates Payable (2014/15): £2,331