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

Guide Price
£140,000

Business rates & charges may apply

Lambert Smith Hampton, Auctions
SIZE

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SECTOR

Bar / nightclub for sale

Key features

  • Fully Fitted Cocktail Bar/Restaurant in a Prominent Location
  • Approximately 143.08 Sq M (1,540 Sq Ft) GIA
  • Located In Prime Pitch in Lincoln City Centre Opposite One The Brayford

Description

For Sale by Public Online Auction on 05/06/2024 13:00

Location
The property is located on Brayford Wharf North, the prime leisure pitch within the City of Lincoln near One The Brayford with nearby occupiers including a number of multinationals - Nandos, Costa, Wagamama, Five Guys, Ask Italian and Tesco Express to name a few.

Description
A large barge that has been fully refurbished by the current owner in 2019 and is fitted out as a cocktail bar/restaurant, that occupies a prominent location within Lincoln's leisure circuit. Brayford Harbour is the oldest inland harbour in England, dating from pre-Roman times. Once a thriving port, the Brayford area is now one of the most vibrant and exciting parts of Lincoln, boasting a 21st Century university campus, stylish restaurants and internationally renowned hotels.

The accommodation is laid out over 2 levels extending to approximately 143.08 sq m (1,540 sq ft) GIA with extensive outside seating areas which are approximately 18 m 59 ft long. The Barge in total is approximately 40 m (131 ft) in length.

The sale will include all fixtures and fittings (see legal pack).

Tenure
The barge is owned by the current operator who has a 10 year mooring underlease lease (see legal pack) with the Brayford Trust expiring on 17 January 2029 at a rent of £11,596 per annum.

Planning
There is an agreement between Lincolnshire County Council and the Licensee expiring 30 September 2024 for the 'Permission for Refreshment Facilities and Stalls on the Highway' between the hours of 12:00 to 22:00 Monday to Sunday. A copy is provided in the Legal Pack'.

The premises is licensed for the following activities (seven days a week from 11:00 until 01:00)
Supply of Alcohol (both on and off supplies)
Live Music
Recorded Music
Performances of Dance
Activity like music/dance
Late Night Refreshment

A copy of the Premises License can be found in the Legal Pack'.


Planning Authority
City of Lincoln Council ) EPC required

Refer to the legal documentation

For further information please go to

Brochures

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

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lincoln Central Station0.5 miles
  • Hykeham Station3.2 miles
  • Saxilby Station5.5 miles

Notes

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Disclaimer - Property reference 239856. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lambert Smith Hampton, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 020 3834 8766.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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