For SaleSUPERB BAR/RESTAURANT OPPORTUNITY

The Barge, Brayford Wharf North, Lincoln, LN1 1YW

Description

A unique opportunity to acquire a fully fitted bar/restaurant within a former Barge, occupying a prominent location within Lincoln’s leisure circuit. The accommodation is laid out over 2 levels extending to about 149.34 sq m (1,605 sq ft), licenced for 176 covers and extensive outside seating areas.

location

The property is located on Brayford Wharf North, the prime leisure pitch within the City of Lincoln.  Nearby operators include Chimichanga, Nando’s, Prezzo, Wagamama, DoubleTree by Hilton Hotel and Marco Pierre White Steakhouse Bar & Grill as well as the new One The Brayford development which is due for completion in 2017. 

Lincoln is a Cathedral city and is the administrative and shopping centre for the county of Lincolnshire. It has a resident population of circa 100,000 and a catchment within a 20-mile radius of 300,000. It is ranked 4th in the Experian East Midlands retail rankings behind Nottingham, Derby and Leicester. It is a university city with the main campus on the opposite side of the Brayfood Pool with over 14,000 students and staff in-situ, contributing an estimated £250 million into the local economy.

price

Offers invited in the region of £250,000 for the fully fitted ‘Barge’ to include all of the fixtures and fittings. 

A full inventory is available on request. 

Alternatively the owner would consider leasing the ‘Barge’ on terms to be agreed, with an option to purchase at a point in the future.

Viewing

To view the premises and for any additional information please contact the sole agents.

legal costs

The ingoing tenant will be responsible for the Vendor’s reasonable legal costs incurred in documenting the Assignment of the lease.