No 1 The Bull Ring, Ludlow
No 1 , Ludlow, SY8 1AD
- 8
Key features
Guide Price: *
£228,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£234,000Bid history
4 bidsH
06/06/2024 12:55:15 - £234,000
S
06/06/2024 12:50:23 - £232,000
H
06/06/2024 12:45:43 - £230,000
See all 4 bids ▾
No. 1 The Bull Ring is a Grade II listed property dating from the early 18th Century set over three storeys plus an attic and cellar extending to circa 1500 sqft. The property is set within the heart of the popular historic town of Ludlow, Shropshire.
Internally, the property benefits from a number of charming features including exposed ceiling beams, trusses and a traditional timber staircase.
The property has recently undergone a series of renovation works to convert the upper floors into residential accommodation.
Ground Floor
This area is currently occupied by CW Sellors Fine Jewellers and benefits from traditional wooden flooring, exposed beams, shop fittings and an air conditioning unit.
The cellar and upper floors are accessed directly from the ground floor.
First & Second Floor
Both floors benefit from large sash windows which provide views onto The Bull Ring & King Street. There is a modern shower room suite and fitted kitchen. Exposed beams, stonework and timber floors are present throughout.
Attic
The Attic boasts exposed trusses, beams, brickwork, timber floor and benefits from a velux rooflight.
Cellar
The Cellar has a brick paved floor, whitewashed brick walls and houses the electricity meter and fuse box.
Method of Sale
This property is offered for sale via online auction to end on May 16th. Cash buyers or pre-approved mortgages only.
Why buy at auction? Sub 1% fallthrough / 5 x quicker / Below market pricing
Please visit the Carter Jonas website and scroll to the bottom of the page and under ‘Property Services’ click ‘Property Auctions’
In order to bid first, register and verify your email.
Then, via the dashboard:
- pass an ID check
- enter your card details
- enter your solicitor details
Tenure & Possession
Freehold with vacant possession upon completion.
Fixtures & Fittings
Shop fittings & fixtures are subject to negotiation.
Planning
Planning consent was granted under reference (SS/1/05/16746/LB) for the conversion of the upper floors to provide a residential unit. Purchasers must make their own enquiries with the Local Authority.
Services
The Property is connected to mains water, drainage, electricity and gas.
Health & Safety
Please take care when viewing the property and be as vigilant as possible when making an inspection for your own personal safety.
EPC Ratings
Exempt due to Grade II listing status.
Local Authority
Shropshire Council, Shirehall, Abbey Foregate, SY2 6ND
Viewings
Viewings are strictly by appointment with the selling agent.
Directions
Travelling south into Ludlow on the B4361, take the right hand turn at the traffic lights onto King Street. The Property will be found 35m later on the right hand as The Bull Ring meets King Street
What 3 Words
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The winning buyer must pay £5,000 automatically at the end of the auction of which:
- £3,000+VAT is a buyer fee
- £1,400 is a deposit contribution.
Summary
- Auction end
- 6th Jun at 14:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- N/A
Summary
- Auction end
- 6th Jun at 14:00
- Property type
- Commercial
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- N/A
This property is being sold by:
Shrewsbury
01743 295 444
Canon Court North Abbey Lawn Shrewsbury SY2 5DE
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Carter Jonas Online Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Carter Jonas Online Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
