55a Steep Hill, Lincoln, Lincolnshire, LN2

An excellent opportunity to acquire this landmark Church Hall which has been converted into a high class boutique hotel in the uphill area of Lincoln close to the cathedral and castle. The Rest is a beautiful boutique hotel situated in a very unique location, right on the award-winning Steep Hill in the historical district. Located between the uphill cathedral quarter and the City Centre and offers the most central location possible in Lincoln, surrounded by restaurants, cafes and places to drink. It is also very conveniently located for the ever-popular Lincoln University, as well as businesses such as the County Hospital, Siemens Energy and the Crown Courts located in the Castle. The property was sympathetically converted back in 2013. In 2020 the hotel completed the works to include complete upgrades to all the rooms. The rooms are now available for conventional short and long stays. The property also has a fully licenced cafe/restaurant which can sell alcohol up to 930pm 

DESCRIPTION

An excellent opportunity to acquire this landmark Church Hall which has been converted into a high-class boutique hotel in the uphill area of Lincoln close to the cathedral and castle. The Rest is a beautiful boutique hotel situated in a very unique location, right on the award-winning Steep
Hill in the historical district. Located between the uphill Cathedral Quarter
and the City Centre and offers the most central location possible in Lincoln, surrounded
by restaurants, cafes and places to drink. It is also very conveniently located
for the ever-popular Lincoln University, as well as businesses such as the
County Hospital, Siemens Energy and the Crown Courts located in the Castle. The property was sympathetically converted back in 2013. In 2020 the hotel completed the works to include complete upgrades to all the rooms. The rooms are now available for conventional short and long stays. The property also has a fully licenced café/restaurant which can sell alcohol up to 9.30pm

Location

A rare opportunity to purchase this prominent retail/takeaway premises, with frontage directly onto Steep Hill. 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 has 8 large double ensuite bedrooms. The property has a café/ restaurant to the front The property has a floor area of 332 sqm (3577 sqft)To the rear, the property also
boasts landscaped gardens with additional seating, exclusively reserved for our
hotel guests with stunning views across the city. The sale includes all fixtures and fittings and a full inventory has been prepared which can be sent to seriously interested parties. Accounts can also be made available.

PLANNING

The property has an established use as a hotel under C1 Hotel use.

SERVICES

All mains services are connected to the property

TENURE

The property is offered for sale freehold with vacant possession. The property and business will include all the furniture and fixtures' and fittings

RATEABLE VALUE

The property has a rateable value of £19,250.

CEPC

The property has a CEPC of B which is valid until the 30th September 2034.

LEGAL COSTS

Each party are responsible for their own legal costs

VAT

The price expressed is exclusive of VAT if applicable

LOCAL AUTHORITY

Contact Lincoln City Council

VIEWINGS

Contact Pygott & Crone Commercial 36a Silver Street Lincoln LN1 1EWTel