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Old Palace Lodge Hotel, Christs Hospital Terrace, LN2

For sale: £1,995,000.00|7,718 Sq Ft|Hotels, Licensed & Leisure

Property details

FOR SALE£1,995,000.00
SIZE7,718 Sq Ft
ADDRESSOld Palace Lodge Hotel, Christs Hospital Terrace, Lincoln, LN2 1LY
TYPEHotels, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON10th October 2024

Description

Key Points

  • Situated in one of Lincolns most prominent positions, close with the Cathedral
  • Grade II Listed converted chapel, retaining numerous period features
  • 16 en-suite bedrooms with further development potential (STPP)
  • Set within approximately 0.787 acre, comprising soft landscaped and car parking with provisions for up to 25 cars
  • Summary

    FOR SALE - Boutique Hotel & Development Opportunity

    Description

    The property comprises a Grade II Listed former chapel, built circa 1855, with stone and ashlar dressings under a slate roof with coped gables, incorporating a stunning stain glass window and pointed arched windows
    The property has since been converted into a hotel, configured to provide 16 en-suite bedrooms, comprising, four deluxe doubles, nine standard doubles, one suite and two master bedrooms, with further scope for expansion. Additionally, there is a fully self contained office suite to the eastern elevation, fitted to a good specification including LED spotlighting, carpeted tiled flooring, gas central heating and excellent staff welfare provisions.
    Externally, the property benefits from a large site are of approximately, 0.787 acres of soft landscaping and car parking, providing provisions for up to 25 cars.

    Location

    The property is situated in the Cathedral and City Centre Conservation Area within the historic ‘uphill’ district of the city centre, immediately to the southeast of Lincoln Cathedral.
    Vehicular access to the property is via Christ’s Hospital Terrace, off Steep Hill, within close proximity of Wragby Road (A1434).
    The property occupies a mixed use location being within the heart of the tourist quarter of the city.
    The property has a commanding position adjacent to Lincoln cathedral, benefitting from sweeping views over the city, given its elevated position on a south facing hillside.

    Availability_text

    The accommodation comprises the following areas:

    Location

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    Location: Old Palace Lodge Hotel, Christs Hospital Terrace, Lincoln, LN2 1LY

    Lincoln Central (0.5 miles)

    Hykeham (3.7 miles)

    Saxilby (5.9 miles)

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