5-6 Broad Street

Description

This striking Grade II listed building offers a rare opportunity to secure a substantial and characterful commercial property in one of Shropshire’s most desirable market towns. Formerly home to a well‑known restaurant, the building is arranged across three floors and a basement, providing approximately 6,802 sq ft (632 sq m) of versatile space. The double‑fronted façade, generous internal proportions and attractive period features contribute to the property’s distinctive presence, making it well‑suited to a wide range of commercial uses, subject to the necessary consents.

Location

Situated in a prime position on Broad Street, this landmark property enjoys one of the most prominent addresses in the heart of historic Ludlow. Surrounded by a thriving mix of independent retailers, established brands and popular cafés, the unit benefits from strong visibility, consistent footfall and excellent connectivity. The High Street, Market Square, Buttercross and Ludlow Castle are all just moments away, reinforcing the area's year‑round appeal to locals, visitors and tourists alike. With convenient on‑street parking nearby and Ludlow Station within walking distance, accessibility further enhances the location’s commercial strength.

Internal Details

The ground floor provides approximately 3,101 sq ft (288 sq m) of accommodation, previously configured for restaurant dining, sales and a fully equipped commercial kitchen. Upper floors extend to a combined 3,389 sq ft (315 sq m), offering further dining areas, storage rooms and welfare facilities, while the basement adds an additional 312 sq ft (29 sq m) of useful storage space. Together, the floors offer exceptional versatility and scope for reconfiguration, supporting a wide range of operational layouts from hospitality and retail to mixed-use concepts. Parking is available via separate negotiation

The Opportunity

This property presents a compelling opportunity for occupiers or investors seeking a standout commercial building in a thriving market‑town environment. Its prominent position, significant internal area and strong heritage character create a platform for a variety of potential uses—whether reopening as a restaurant, launching a destination retail concept, or exploring innovative mixed commercial formats. With freehold and leasehold options available, the unit offers flexibility to suit long‑term operators, developers and investors looking to capitalise on Ludlow’s robust footfall, affluent catchment and enduring appeal.

Business Rates

The Rateable Value is £41,000 with effect from April 2026. Confirmation of actual business rates payable should be obtained from the local authority.