The Old Bakery on the North side of 1, SY8 2LT

For Sale By Public Auction

Set within the historic market town of Ludlow, this substantial brick-built former agricultural building offers a rare and characterful opportunity in a well-established residential setting. The building has an appealing traditional appearance, with red brick elevations beneath a pitched roof, and retains the proportions and presence associated with its former use. Although now in need of improvement, the structure has a strong sense of permanence and provides an attractive basis from which to create its future use, subject to any permissions that may be required.

The building currently comprises an elongated brick structure, with the southern section arranged as residential accommodation. This area includes ground floor facilities together with further living space at first floor level. The adjoining former barn provides a generous internal volume, with open areas, high rooflines and traditional detailing, all contributing to the sense of character and scale. Externally, the surrounding land includes areas of hardstanding together with garden space, offering scope for private outdoor areas and practical parking.

The property occupies a prominent position, sitting slightly elevated in relation to nearby homes and enjoying a setting that feels both tucked away and conveniently placed. The surrounding area includes established residential properties, mature greenery and a sense of enclosure, helping to give the building a more private and individual feel. The existing access serves nearby residential dwellings and connects the property to the wider road network, with mains services already connected to the building.

Ludlow is widely regarded as one of Shropshire’s most desirable market towns, celebrated for its rich history, attractive architecture and vibrant community. The town is particularly well known for Ludlow Castle, its medieval street pattern and an excellent selection of independent shops, cafés, restaurants and traditional public houses. The town also has a strong reputation for food and drink, with regular markets and local producers contributing to its distinctive character.

Everyday amenities are readily available within Ludlow, including supermarkets, schools, healthcare services, leisure facilities and a railway station providing links towards Shrewsbury, Hereford, Birmingham and beyond. The surrounding Shropshire countryside is renowned for its scenic beauty, with the Shropshire Hills Area of Outstanding Natural Beauty close at hand, offering excellent opportunities for walking, cycling and outdoor pursuits. This combination of heritage, amenities and countryside access makes Ludlow an enduringly popular place to live.

For Sale by Public Auction with our partner auctioneers, SBK Auctions

Auction Details

Nock Deighton Land and Property Auction

Wednesday 30th September at 5pm (doors open at 4pm)

Held at - Bridgnorth Rugby Club, Edgar Davies Ground, Bandon Lane, Bridgnorth, WV15 5AD

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Auction Terms

This property is offered for sale by public auction with our partner auctioneers, SBK Auctions. To manage the auction process, including viewings, offers, bidder registration, bidding and post-auction administration, your data may be shared between Nock Deighton (1831) Limited and SBK Sales Limited, trading as SBK Auctions.

The property will, unless previously sold or withdrawn, be sold subject to the Special Conditions and General Conditions of Sale contained within the Auction Legal Pack. The Auction Legal Pack will be available to download by registered bidders.

The sale will take place on the stated auction date by way of a live, in-room auction and the property is being sold on an unconditional basis with a fixed fee. Some sellers may consider a pre-auction offer and the lot may be sold or withdrawn before the auction.

If the reserve price is met and the auctioneer's gavel falls, binding contracts of sale will be exchanged at that point.

Auction Deposit and Fees

The following deposits and non-refundable auctioneer's fees apply and will need to be paid to the auctioneer on exchange of contracts:

·        10% deposit, subject to a minimum of £5,000

·        Buyer's Premium of £1,500 inc. VAT

·        Search pack of £420 inc. VAT

There may be additional costs listed in the Special Conditions of Sale, which will be available to view within the Auction Legal Pack. These additional costs may be payable on completion. Buyers must read the Auction Legal Pack carefully and take professional advice before bidding.

Guide Price and Reserve Price

The guide price is an indication of the seller's current minimum acceptable sale price and is given to assist interested parties in deciding whether or not to pursue their interest. The reserve price is the minimum price at which the seller has authorised the auctioneer to sell. The reserve price remains confidential between the seller and the auctioneer.

Where a guide price is shown as a range, the reserve price will be set within that range. Where a single figure guide price is shown, the reserve price will not be set more than 10% above that figure.

Both the guide price and reserve price can be subject to change at any time prior to the auction.

Plans

Plans shown are for identification purposes only.

Services

Refer to legal pack

Tenure and Possession

Freehold

The property and land are freehold. Vacant possession will be given upon completion, which is normally 20 working days after the auction. Please refer to the Auction Legal Pack for further details.

Bidder Registration and Auction Legal Pack

If you would like to register to bid, please visit:

passport.eigroup.co.uk/bidder-registration/sheldon-bosley-knight/

You can opt to bid in person, online, by telephone or by proxy.

The Auction Legal Pack for the lot you are interested in can be downloaded here:

auctioneertemplates.eigroup.co.uk/guides.aspx?a=1236&c=sbk

All bidders must register before bidding, complete the required identity checks and be approved to bid.

Full details on how to register to bid, and a guide to buying at auction, can be found at:

sbkauctions.co.uk

Preferred Solicitors

If you would like details of our preferred solicitors, please contact the auction team and we can arrange for information to be sent to you.

Legal Documents and Additional Costs

It is essential that bidders check the legal documents prior to bidding and take professional advice. The legal pack may include searches, title documents, Special Conditions of Sale, tenancy information, planning documents, notices, replies to enquiries and other documents relevant to the lot.Special Conditions of Sale can contain additional costs, being costs over and above the price the lot is knocked down at, and bidders are deemed to be aware of any additional costs prior to bidding.Bidders must rely on their own inspection of the legal pack and any professional advice they obtain before bidding.Viewings

All viewings are by appointment only through Nock Deighton Land and New Homes.