Summary - 18 STEEP HILL LINCOLN LN2 1LT
1 bed 1 bath Cafe
**Standout Features:**
- Iconic, long-established café in a bustling tourist district
- Located on historic Steep Hill, near Lincoln Castle and Cathedral
- Recently awarded a 2024 Good Food Award and holds a 5-Star Hygiene Rating
- Mid-terraced Grade II Listed Building full of character
- Total area of 560 sq.ft with ground and first-floor dining spaces
- Leasehold with three years remaining, annual rent of £17,000
- Qualifies for Small Business Rates Relief, depending on circumstances
**Notable Concerns:**
- Limited duration on the lease may pose challenges for mortgage financing
- Renovations or extensions may be difficult due to listed status
Discover a unique opportunity to own a charming café in the heart of Lincoln's historic Steep Hill, a prime tourist destination drawing visitors year-round. Bunty’s Tea Room boasts character-filled interiors with rustic stone walls and inviting dining areas spread across two floors. The café is fully equipped and well-rated for hygiene and quality, making it a solid investment for personality-driven restaurateurs or first-time buyers seeking a captivating venture in the food industry.
Despite its appeal, potential buyers should be aware of the limited three-year lease, which may hinder some financing options, and the challenges of undertaking substantial renovations due to its Grade II Listed status. However, the thriving foot traffic from nearby attractions offers a remarkable chance to grow an already successful business. Don’t miss this opportunity to be part of Lincoln’s vibrant culinary scene, where exclusivity and charm await!
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