For the Business, Goodwill and All Fixtures and Fittings - Thriving Leasehold Business For Sale - We are delighted to offer for sale this iconic well-established Tea Room business located within the heart of the historic 'Steep Hill' district of the City Centre, close to the Castle and Cathedral and sat within a bustling tourist district, just a short walk from the City Centre, having recently been awarded a ‘2024 Good Food Award’ and having the benefit of a ‘5-Star Hygiene Rating’.
- Asking Price:
- £85,000 Furniture / Fixtures included
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The property is held under the terms of a Lease, with three years left to run (9th September 2027). The Passing Rent is £17,000 per annum for the remainder of the term. Full details are available on request.
- Leasehold Rent:
-
£17,000 per annum
- Location:
-
The property is situated in the heart of the historic Steep Hill district of Lincoln, close to the Castle, Cathedral and all tourist attractions around the Bailgate area, yet just a short walk north of the main city centre.
Lincoln is one of England's finest Cathedral Cities, having a population and surrounding catchment of circa. 550,000 residents
- Premises Details:
-
The property comprises a mid-terraced Grade II Listed Building of considerable character with accommodation across two floors, together with a fully equipped catering kitchen at first floor level. Full details in respect of the business and fixtures and fittings are available to all seriously interested parties.
Ground Floor
Comprising a split-level dining area with serving area and WC facilities - 27 sq.m (291 sq.ft).First Floor
Comprising a fully equipped kitchen and additional dining space - 25 sq.m (270 sq.ft).Total Floor Area - 52 sq.m (560 sq.ft).
- Size in square feet:
- 560
