234 High Street Lincoln Lincolnshire LN2 1AT

234 High Street
Lincoln
Lincolnshire
LN2 1AT

Freehold Restaurant Investment

Entirely let to an Indian restaurant t/a Mowgli
15 year lease from October 2023 (Subject to Option)
Approx. 404.40 sq m (4,352 sq ft)
Nearby occupiers include Tesco Express, Caffe Nero, Greggs, Tesco Express, Franco Manca, Wildwood, Slug & Lettuce and a range of local businesses
Popular and historic Cathedral City

Lot
8
Auction
30th October 2025
Rent
£75,000 per Annum Exclusive
Status
Available
Guide*
£800,000
Auction Venue
Live Streamed Auction

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Freehold Restaurant Investment

Entirely let to an Indian restaurant t/a Mowgli
15 year lease from October 2023 (Subject to Option)
Approx. 404.40 sq m (4,352 sq ft)
Nearby occupiers include Tesco Express, Caffe Nero, Greggs, Tesco Express, Franco Manca, Wildwood, Slug & Lettuce and a range of local businesses
Popular and historic Cathedral City

Lot 8
Auction 30th October 2025
Rent £75,000 per Annum Exclusive
Status Available
Guide* £800,000
Sector
Restaurant, Leisure
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 32 miles north-east of Nottingham, 47 miles north of Peterborough
Roads: A1 (M), A15, A46
Rail: Lincoln Central Station (direct services to London Waterloo)
Air: East Midlands Airport

Situation

The property is prominently situated on a busy pedestrianised trading location on the north side of the High Street. Nearby occupiers include Tesco Express, Caffe Nero, Greggs, Tesco Express, Franco Manca, Wildwood, Slug & Lettuce and a range of local businesses.

Tenure

Freehold.

Location

Miles: 32 miles north-east of Nottingham, 47 miles north of Peterborough
Roads: A1 (M), A15, A46
Rail: Lincoln Central Station (direct services to London Waterloo)
Air: East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises a well configured & well fitted ground floor restaurant with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a well configured & well fitted ground floor restaurant with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground First	Restaurant/Anc. Ancillary	225.20 179.20	(2,423) (1,929)	MOWGLI STREET FOOD LTD (1)	15 years from 06/10/2023 (2)	£75,000	06/10/2028 and 5 yearly thereafter (1)
Total		404.40	(4,352)			£75,000

(1) Established in 2014, Mowgli now trades from 27 restaurants in the UK, including branches in London (Charlotte Street, W1 & Stratford), Birmingham, Brighton, Bristol, Cardiff, Cheltenham, Edinburgh, Liverpool, Manchester & Oxford (www.mowglistreetfood.com).
(2) The lease provides for a tenant option to determine on 06/10/2033.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.