The property comprises a mid-terrace Grade II Listed building of considerable character laid out over 2 floors, to provide ground and first floor customer seating areas and staff areas on the remainder of the first floor.
The lease will be acquired fully fitted as per the existing layout – to include the kitchen and all of the other equipment currently within the property.
The property is situated within the heart of the historic uphill area of the City of Lincoln, on Steep Hill, close to both the Castle and Cathedral and a short walk south into the City Centre. There are a wide range of high quality and long established shops and restaurants in the surrounding area.
This is a part of the City that attracts a mix of local shoppers and tourists due to the proximity of the Cathedral and Castle.
Lincoln is one of England’s finest Cathedral Cities and is the administrative and major shopping centre within the County of Lincolnshire. It has a population and catchment of 543,367 and an established total catchment spend of £984.50 million.
£90,000 for the business goodwill, fixtures and fittings and the leasehold interest. A full inventory of the fixtures and fittings to be included in the sale is also available on request.
Each party will pay their own costs in connection with the sale of the business. The purchaser will be required to pay the Landlord’s costs in documenting the assignment of the lease.