Summary - Bull Ring, Ludlow, Shropshire, SY8 SY8 1AE
1 bed 1 bath Not Specified
**Standout Features:**
- Generous total size of 5,300 sqft, incorporating retail space and residential potential
- Planning consent approved for the creation of two 2-bedroom luxury apartments
- Prime location in the historic heart of Ludlow, close to local amenities and transport
- Charming Victorian and Georgian architectural details with a unique courtyard
- Excellent broadband and mobile signal connectivity
**Concerns:**
- Listed building status may present renovation and development challenges
- The property requires maintenance, notably in heating and potential structural updates
- The surrounding area is classified as deprived, with high local crime rates
Nestled in the enchanting market town of Ludlow, this historic property offers an extraordinary opportunity for investors and developers alike. Boasting an impressive 5,300 square feet, this Grade II listed Victorian commercial space features a sizable retail area on the ground floor alongside two upper floors ripe for conversion into luxury apartments, thanks to the granted planning and listed building consents. Imagine the charm of streets lined with characterful architecture as you sip coffee at a vibrant café or welcome guests to your stunning new apartments, set against the backdrop of Ludlow Castle's medieval splendor.
Though the property may need some maintenance work—such as upgrading the heating system—its potential is abundant. The private courtyard adds a rare gem to this offering, providing a tranquil space amidst the town's hustle and bustle. Located within a thriving yet historically rich district, you will enjoy immediate access to various amenities, including shops, eateries, and schools, making it an ideal choice for families and renters alike.
Act quickly—properties of this magnitude and potential don’t stay on the market for long!
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