Leicester, Leicestershire, ID 149657
The Loft Bar – Leicester Business Overview: The Loft Bar is a vibrant and popular cocktail bar located in Leicester, known for its expertly crafted drinks, lively atmosphere, and attentive service. Established in November 2024, it has quickly become a destination for students, professionals, and weekend visitors. The business benefits from a loyal customer base, high footfall, and a strong reputation for quality and ambiance. Location: * Prime position in Leicester’s nightlife and leisure district * Surrounded by stylish bars, restaurants, and late-night venues * Central Leicester landmarks, retail, and offices within walking distance * Excellent transport links: under 10 minutes’ walk to Leicester Railway Station, multiple bus routes * Nearby parking and pedestrian-friendly city layout Premises: * Capacity: 200 guests (main bar) and 80 guests (function room) * Modern, chic décor with practical layout * Full bar setup, DJ area, mood lighting, disco ball * Outdoor terrace for drinks and events * Dedicated function room with its own bar, ideal for private events * Security staff facilities included * Fully fitted and ready to trade Tenure: * Leasehold * Annual rent: £15,000 * Potential to expand via landlord negotiation (additional floor/licensing opportunities) Hours and Operations: * Operates to suit nightlife trade * Opportunity to extend hours, host more events, or add daytime trade such as brunches or cocktail masterclasses * Experienced staff already in place Financial Profile: * Annual turnover: £144,000 * Net profit: £35,000 * Opportunity for growth through events, extended hours, and private hire Opportunities for Growth: * Host additional events and private functions * Introduce daytime offerings or masterclasses * Expand premises or licensing for additional floors This is a turnkey opportunity for a hospitality entrepreneur to acquire a stylish, profitable bar in one of Leicester’s most sought-after social locations. The premises are fully equipped, staffed, and trading, allowing the new owner to step in and continue building on the strong foundation.
