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The Whisky Shop,

Lincoln, LN1

Property type

Business

£70,000
£70,000PCM (£16,154 PW)
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The Whisky Shop,

Lincoln, LN1

Property type

Business

Property ID

10307

Price

£70,000
£70,000 PCM (£16,154 PW)
Property details
  • StudioBedroom
  • 1Bathroom
  • 0Reception
  • Garden: Yes
  • Parking: Yes
  • 0.00sqm
Brochure

Key features

Energy Performance Certificates

The Energy Performance Certificate (EPC) rates the building's energy and carbon emission efficiency on a scale from 'A' to 'G', with 'A' representing the highest efficiency and 'D' indicating the current average level.

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Property description

Situated in the bustling Bailgate area of Lincoln is The Whisky Shop which is for sale by private treaty. There is an opportunity to purchase the good will of the business, the LTD company and the current stock.
The Bailgate area of Lincoln is formed by historical buildings including Lincoln Cathedral and The Norman era Lincoln Castle both of which attract many tourists into the area.
The Bailgate also hosts a range of successful shops and businesses as well as residential housing. 
The lease of the property (which includes 2 flats bringing in £1045 PCM) holds a 5 year agreement including an 5 year extension clause at the end of contract.
The turnover for the last year (year ended 31 July 2021 during a pandemic)
* £235,178 Turnover
* £169,871 Cost of sales
* £65,307 Gross profit
We have a full set of accounts held at our office 25 Bailgate, Lincoln, LN1 3AP for an interested party to view.
Asking Price is as follows
£70,000 for the good will of business.
£10,000 for the company Nickate LTD (which has favourable credit agreements with suppliers and no debt)
Stock they are asking for cost there is currently around £60,000 worth of stock available.
The business which could be described as thriving is especially prevalent around the Christmas months especially during the Christmas Market.
Please contact us for more details


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Map & nearby

Transport nearby

Show allTubeBusesTrains

Lincoln, adj Tourist Information Centre

Bus
- Distance: 0.05 miles

Lincoln, o/s Assembly Rooms

Bus
- Distance: 0.07 miles

Lincoln, adj Cathedral

Bus
- Distance: 0.11 miles

Lincoln, opp Westgate School

Bus
- Distance: 0.13 miles

Lincoln, adj Westgate School (Unmarked)

Bus
- Distance: 0.14 miles

Lincoln, opp Lawn Visitor Centre

Bus
- Distance: 0.16 miles

adj Lincoln Hotel

Bus
- Distance: 0.19 miles

opp Lincoln Hotel

Bus
- Distance: 0.20 miles

adj Radio Lincolnshire

Bus
- Distance: 0.22 miles

opp Radio Lincolnshire

Bus
- Distance: 0.22 miles

Lincoln Central Rail Station

Train
- Distance: 0.63 miles

Schools nearby

Show allNurseryPrimarySecondaryCollege

Westgate Academy

Primary
- Distance: 0.10 miles

The St Faith and St Martin Church of England Junior School, Lincoln

Primary
- Distance: 0.36 miles

The Lincoln St Peter-in-Eastgate Church of England (Controlled) Infants School

Primary
- Distance: 0.41 miles

Mount Street Academy

Primary
- Distance: 0.42 miles

Lincoln College

College
- Distance: 0.48 miles

The St Faith's Church of England Infant School, Lincoln

Primary
- Distance: 0.61 miles

Lincoln Castle Academy

Secondary
- Distance: 0.77 miles

Lincoln Monks Abbey Primary School

Primary
- Distance: 0.80 miles

Lincoln Christ's Hospital School

Secondary
- Distance: 0.84 miles

The Lincoln St Peter at Gowts Church of England Primary School

Primary
- Distance: 1.03 miles

Ermine Primary Academy

Primary
- Distance: 1.06 miles

Our Lady of Lincoln Catholic Primary School

Primary
- Distance: 1.07 miles

The Chad Varah Primary School

Primary
- Distance: 1.10 miles

The Lincoln St Giles Nursery School

Nursery
- Distance: 1.11 miles

The Lincoln Bishop King Church of England Primary School

Primary
- Distance: 1.14 miles

Sir Francis Hill Community Primary School

Primary
- Distance: 1.46 miles

Lincoln Carlton Academy

Primary
- Distance: 1.58 miles

The Priory Academy LSST

Secondary
- Distance: 1.90 miles

St Peter and St Paul, Lincoln's Catholic High School, A Science College

Secondary
- Distance: 1.92 miles

Bracebridge Infant and Nursery School

Primary
- Distance: 2.11 miles

Hartsholme Academy

Primary
- Distance: 2.25 miles

Priory Witham Academy

Secondary
- Distance: 2.51 miles

Woodlands Infant and Nursery School

Primary
- Distance: 2.77 miles

Bracebridge Heath St John's Primary School

Primary
- Distance: 2.78 miles

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The Whisky Shop, Lincoln, LN1

Information

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we ... have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify your financial position before we can recommend any offer to the vendor. Read more

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