Shops For Sale in Lincoln, Lincolnshire

A substantial Grade II Listed converted garage, designed by locally renowned Architect, Sam Scorer, and constructed in 1959 for the Lincolnshire Motor Company Ltd. The building is Listed for, amongst other reasons, its hyperbolic paraboloid roof, which is one of a number of buildings in the area designed by Sam Scorer around this time. The property was converted in the mid-2000s by local developers, Lindum, to create three restaurant units, which are currently let to Prezzo, Nando's and Five Guys. The units are predominantly laid out on ground floor only, with a small element of first floor space in the corner unit occupied by Prezzo. Each unit has an attractive outside seating area to the front, facing southwards over Brayford Pool, towards the University of Lincoln's main City Campus. Both Nando's and Prezzo have been the only occupiers of their units since completion of the refurbishment works in the mid-2000s, whilst Five Guys took a new lease of their unit in June 2023. Reflecting the market conditions we are seeing on a wider national level within the restaurant/casual dining sector, the F & B market in Lincoln is performing well with a number of new entrants coming into the city recently including Mowgli, Five Guys (as referred to above) and Tortilla. Additionally, there does remain quite a number of outstanding restaurant requirements, from a mix of top end restaurant operators within the city.

The property comprises a two storey shop/office building, with first floor ancillary storage/office accommodation, occupying a prominent corner position at the southern end of Lincoln High Street. The building has most recently been used as an estate agent/letting office but would be suitable for a variety of different uses without the need to obtain Planning Permission, under the current Class E Planning Consent. The upper floor provides useful ancillary storage/office accommodation and/or, with the benefit of a self contained side entrance, residential conversion of this space would also be a feasible proposition. The property has a main frontage to the High Street and a return frontage on its southern side to Shakespeare Street.