£325,000 Freehold
Freehold Ludlow Town Centre Pub/Restaurant/Development Site £325,000
Chang Thai
3 Market Street
Ludlow
Shropshire
Key Points
- Located in centre of Ludlow close to Ludlow market.
- Two trading areas, large external courtyard/patio.
- Extensive accommodation at first and second floor.
- Development potential for range of pub, bar, restaurant and residential uses.
- There are no staff to transfer under the TUPE regulations.
Location
Chang Thai is located in Ludlow town centre, 50 yards from Ludlow Market, adjacent to High Street and Castle Street and on the retail and entertainment circuit.
Ludlow is an affluent Shropshire Market Town with a population of 10266 (Census 2011) which attracts visitors throughout the year. The town has developed a reputation for quality dining and was known the only town in England with 3 Michelin starred restaurants.
Description
The property which was previously known as the Globe, comprises a late 18th Century 3 storey building with a similar 2 storey extension to the rear. The property is of brick construction beneath pitched slated roofs with painted elevations, benefitting from an archway access leading to a rear courtyard external trading area.
The site area is 0.163 acres and footprint of the building circa 3996 sf. (Source Nimbus Maps).