Bull Ring, Ludlow, Shropshire, SY8

This historic freehold property, spanning approximately 5,300 sqft, presents a notable opportunity for renovation and investment in the heart of Ludlow. Comprising a ground floor retail space of about 1,500 sqft and two floors of residential accommodation totaling around 2,500 sqft, it also includes a courtyard building (approximately 1,300 sqft) and a cellar. Currently with planning permission for the conversion of the upper levels into two luxury 2-bedroom apartments, this property is ripe for transformation. The shop area offers potential for various commercial uses like a coffee shop or wine bar, pending necessary approvals. The unique character of this Victorian-era building with original features like wooden sashes and exposed floorboards adds charm while also presenting challenges that can be turned into opportunities. Its strategic location at the end of a medieval market area enhances its value and appeal for redevelopment projects aimed at enhancing local commerce and housing availability.