Bull Ring, Ludlow SY8

Freehold

AUCTION 27th MARCH 2025
Historic building set within the heart of Ludlow.

BUILDING IN EXCELLENT ORDER IN THE HEART OF LUDLOW

This property is offered for sale by online auction on MARCH 27th 2025

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.

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 by unconditional online auction on MARCH 27th 2025

All interested parties to register via the remote bidding form;

https://www.sdlauctions.co.uk/remote-telephone-proxy-bidding

Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms.

Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 3.6% of the purchase price (subject to a minimum of £6,000 inc. VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

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
Please contact the selling agent to make your appointment

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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