Summary - 60, STEEP HILL, LINCOLN LN2 1LR
1 bed 1 bath Hospitality
**Standout Features:**
- Boutique hotel with 8 en-suite double bedrooms
- Fully licensed café/restaurant with alcohol sales until 9:30 PM
- Located in the historic cathedral and castle quarter of Lincoln
- Recently renovated with high-quality furnishings and upgrades
- Established accounts available for potential financial insight
**Overview:**
Seize the opportunity to acquire "The Rest," a high-class boutique hotel situated on the iconic Steep Hill, right in the heart of Lincoln's historical district. This landmark property boasts eight superb en-suite double bedrooms, ideal for both short and extended stays, catering to tourists and visitors alike. The beautifully designed hotel combines Victorian character with modern amenities, ensuring guest comfort and satisfaction.
The fully licensed café/restaurant, designed in a rustic industrial style, offers an inviting space for guests and locals, perfect for afternoon teas or evening drinks. Located conveniently between the cathedral quarter and the city center, you'll be surrounded by a vibrant array of restaurants, cafes, and attractions, positioned near Lincoln University and major businesses.
While the area is bustling with life and amenities, it does come with high crime rates, which buyers should consider. The property requires ongoing attention, particularly regarding the solid brick structure which may benefit from insulation improvements. However, with significant room for future renovations or expansions, this boutique hotel presents a promising investment in a dynamic community. Act quickly – opportunities like this in such a prime location won’t last long!
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