26, The Bullring, Ludlow attracted much interest at the auction.
The continuing strong demand for commercial property in the sought after South Shropshire market town of Ludlow was demonstrated at a recent collective property and land auction in the county.
Fronting one of the town’s main retail streets, 26, Bullring, Ludlow eclipsed its guide price when selling for £79,000 at the successful auction organised by leading regional estate agent and auctioneers, Halls, in Shrewsbury.
The mid-terrace, Grade 2 Listed property has three storeys - a basement area, vacant lock-up shop unit and a first floor residential apartment which has been sold on a long leasehold.
The ground floor shop unit has a total sale area of 790 square feet with ancillary accommodation to the rear, including a 111 sq ft store, toilet and welfare facilities. The first floor comprises 148 sq ft of accommodation.
To the rear of the property is an attractive courtyard with a 72 sq ft outside store.
“The sale of 26, Bullring above its guide price reflects the strong demand for commercial property in Ludlow and the continued appeal of selling by auction,” said Simon Cullup-Smith, Halls Commercial property agent.
“The property attracted a lot of interest from potential buyers and sold quickly at auction. We are now inviting new commercial listings and further entries for our upcoming collective property and land auction on July 25.
“We use our market experience to select the properties best suited for auction. I encourage owners to get in touch if they have a property that they would like to be considered for the next auction.”
Shrewsbury-based Halls Commercial was judged Commercial Agency Team of the Year in the Midland Property and Investment Awards 2024. For more information about the company, contact Tel: 01743 450700.
The mid-terrace, Grade 2 Listed property has three storeys - a basement area, vacant lock-up shop unit and a first floor residential apartment which has been sold on a long leasehold.
The ground floor shop unit has a total sale area of 790 square feet with ancillary accommodation to the rear, including a 111 sq ft store, toilet and welfare facilities. The first floor comprises 148 sq ft of accommodation.
To the rear of the property is an attractive courtyard with a 72 sq ft outside store.
“The sale of 26, Bullring above its guide price reflects the strong demand for commercial property in Ludlow and the continued appeal of selling by auction,” said Simon Cullup-Smith, Halls Commercial property agent.
“The property attracted a lot of interest from potential buyers and sold quickly at auction. We are now inviting new commercial listings and further entries for our upcoming collective property and land auction on July 25.
“We use our market experience to select the properties best suited for auction. I encourage owners to get in touch if they have a property that they would like to be considered for the next auction.”
Shrewsbury-based Halls Commercial was judged Commercial Agency Team of the Year in the Midland Property and Investment Awards 2024. For more information about the company, contact Tel: 01743 450700.
