Commercial property for sale in Lincoln, England

An excellent opportunity to acquire this long established restaurant in the uphill Cathedral Quarter of the city. The restaurant was established by Pompeo Siracusa over 11 years ago. The restaurant offers superb British contemporary food with a Sicilian twist. The property has covers for 50 on the ground floor and 4 superb ensuite guest bedrooms over. The restaurant as been stylishly designed and presented. The property also has a 2 bedroom annexe to the rear which is the owners/managers accommodation. Location A rare opportunity to purchase this prominent restaurant and residential premises, with frontage directly onto the junction of Burton Road, Union Road and Westgate at the rear of the Castle. The Property is situated close to the castle, Bailgate and Cathedral Quarter. The property is situated in a mixed residential and commercial area of the city which is a highly popular location. The Property is within walking distance to the Bailgate area and cathedral quarter of Lincoln. This area is an extremely popular destination for tourists and this historic Uphill area of Lincoln enjoys close to 2 million tourist visitors annually. ACCOMMODATION The property comprises a pair of 2 terraced properties having been joined together with a rear annexe/owners accommodation and comprises:Ground Floor Restaurant and Rooms = 694 sqft (64.4 sqm) NIA With Restaurant, Kitchen, preparation area, WC's, utility roomFirst Floor Letting Rooms = 696 sqft (64.6 sqm)With 4 double ensuite letting rooms, officeAnnexe Ground Floor = 415 sqft (38.5 sqm) With kitchen, dining room, shower roomFirst Floor = 228 sqft (21.1 sqm) With 2 bedroomsThe property has an outside seating area to the front and a rear walled garden PLANNING The property has an established use as a restaurant and residential accommodation SERVICES Mains Electricity, water, gas and drainage are connected to the property TENURE The property is offered for sale freehold with vacant possession. The price includes the business, all fixtures and fittings, goodwill and stock at valuation RATEABLE VALUE The property is presently being re valued CEPC The property has an EPC rating of C. The present one has expired and a new EPC has been ordered LEGAL COSTS Each party are responsible for their own legal costs VAT The price expressed is exclusive of VAT LOCAL AUTHORITY Lincoln City Council City Hall Beaumont FeeLincoln LN1 1DDTel VIEWINGS Contact Pygott & Crone Commercial 36a Silver StreetLincolnLN2 1EW Tel

Commercial property for sale in Lincoln, England

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