MUNDYS PROPERTY SERVICES LLP, Lincoln

Buntys Tea Room, 13Steep Hill, Lincoln, Lincolnshire, LN2 1LT

Leasehold

ÂŁ85,000

Size

560

Tenure

Leasehold

EPC

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Parking

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Primary use
Café

Key features

  • For the Business, Goodwill and All Fixtures and Fittings
  • Within a Bustling Tourist District, Steep Hill
  • Long-Established Business
  • Rent - ÂŁ17,000 per annum
  • EPC Rating - Not Applicable

Description

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.
Description 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'.

Accommodation
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).

Services
Mains water, electric and drainage are understood to be connected to the property.

EPC - Not applicable (Grade II Listed Building)

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 ÂŁ17,000 per annum for the remainder of the term. Full details are available on request.

Rates
Rateable Value - ÂŁ10,750

The property may benefit from the reduced 'Retail, Hospitality & Leisure' Multiplier of ÂŁ38.2p in the pound (2026/2027)

VAT
The Vendor has confirmed that VAT is not payable in addition to the rent, or the purchase price.

Legal Costs
The ingoing Tenant will be responsible for Agent's referencing fee of ÂŁ120 inc VAT, together with the reasonable legal costs associated with transferring/assigning the Lease.

Viewing
Strictly via Mundys Commercial -

Planning
The current use of the building is as a café falling within Class 'E' (Restaurant and Café) of the Town & Country Planning Use Classes Order (1987) as amended.

The property is Grade II Listed and it is also located in a Conservation Area.
MUNDYS PROPERTY SERVICES LLP, Lincoln

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Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Buntys Tea Room, 13Steep Hill, Lincoln, Lincolnshire, LN2 1LT

NEAREST STATIONS

National Rail

Lincoln Central Station

0.49 miles

National Rail

Hykeham Station

3.64 miles

About MUNDYS PROPERTY SERVICES LLP, Lincoln

MUNDYS PROPERTY SERVICES LLP, Lincoln

Mundys is a trusted, independently owned estate agency providing expert residential and commercial sales and lettings, professional surveys, and mortgage and protection advice across Lincolnshire and Nottinghamshire. With offices in Lincoln, Newark, Southwell and Market Rasen, our experienced team combines in-depth local knowledge with a personalised approach to deliver outstanding service and results.

Whether you're buying, selling, renting or letting, we are committed to making your property journey as straightforward and stress-free as possible. From your initial enquiry through to completion, we provide expert guidance every step of the way, ensuring you feel informed and supported throughout the process.

At Mundys, we understand that every property and every client is unique. That's why we tailor our service to your individual needs, working tirelessly to maximise the value of your property and achieve the very best outcome. Whatever your property ambitions, you can rely on our expertise, professionalism and dedication to help you realise them.

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Disclaimer - Property reference Buntys. 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 MUNDYS PROPERTY SERVICES LLP, Lincoln. 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.