OLD MEB BUILDINGS LUDLOW FOR SALE

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1 OLD MEB BUILDINGS LUDLOW FOR SALE

2 Summary Summary Approximately 0.31ha (0.77acres) with circa 2446 sq m ( 26,323 sq ft) of existing office accommodation Located in an established residential location Outline Planning application submitted in January 2010 for 13 residential units Previous Next

3 Location Location OLD MEB BUILDINGS Riddings Road, Ludlow SY8 1TF The Shropshire market town is located close to the Welsh Border. With a population of around 10,000, Ludlow is the largest town in the South Shropshire district and is home to the district council headquarters. The town has seen a growth in tourism in the 20th Century. Riddings Road lies approximately 0.9 miles east of the market town s centre. The immediate surrounding area is predominately residential. The A49 by-pass is approximately 2 minutes drive, which in turn has good links to the north and south. Advantage West Midlands have invested heavily in the area, and have, in Partnership with South Shropshire District Council, created, across the A49 from the town, a new Eco Business Park in recent years. To the south-east of the subject property, lies the smaller and older Ludlow Business Park.

4 OLD MEB BUILDINGS LUDLOW Riddings Road SY8 1TF For sale ICENI HOUSE Newland Street, Witham, Essex. CM8 2AX

5 Description Description The site extends to approximately 0.31 ha (0.77 acres) with circa 2446 sq m ( 26,323 sq ft ) of existing office space on the site. The access to the site is from Riddings Road which is an adopted highway. The site is bordered by modern residential on one side and further office buildings to the rear which are also former MEB buildings. The existing office property consists of two floors of office space which was constructed in the 1970s. The extended reception area provides access for the public, behind which there is meeting room, a large office which is converted into kitchen space and one large open plan office. The second floor of the building is predominantly one large open plan office with a small number of cellular offices and small kitchen provided. The offices are basic but in good repair. The offices have suspended ceilings, perimeter trunking, solid concrete floor, Cat II lighting and radiator heating. The car park to the front of the office is generally in good repair and well kept. The site is to be sold with vacant possession

6 Planning Planning Subject to addressing the loss of employment policy it is believed that alternative land uses are capable of being secured on this site to include Nursing Home and Residential. In support of the above an outline planning application for a change of use and redevelopment for residential redevelopment was deposited on the 9th January 2011 under cover of LA (Shropshire Council ) reference 11/00124/OUT, with all matters reserved but supported by an indicative Housing led layout. Given the built forms umbilical connection with commercial land to the South East an indicative residential layout has been prepared demonstrating an extension of the development form which could form a further development phase.

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8 More Info More Information VAT Viewing Method of Sale Contact We understand that the property HAS been elected for VAT and therefore will be charged on the Viewings days will be organised during which parties and their consultants will be able to The site is offered for sale by private treaty, unconditional and conditional offers will be considered. A letting Eleanor Deeley ++44 (0) sale. undertake an accompanied internal inspection of the building and external viewing of the entire site. In the interim if you would like to view the site externally, please can we ask that you view the site from the surrounding road network only and are sensitive to the neighbouring occupiers and residents. of the whole property will also be considered. All offers should be in writing and confirm the purchase price, basis of offer, conditions, name of purchaser, proof of funds and track record. Offers should be addressed to Eleanor Deeley. Land Agency & Development Consultancy CB Richard Ellis Cornwall Court 19 Cornwall Street Birmingham. B3 2DT ++44 (0) Misrepresentation Act : All Agents and for the vendors or lessors of this property whose agents they are, give notice that (i) these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them. (ii) no person in the employment of all agents has any authority to make or give any representation or warranty in relation to this property.