Cocktail Bar for Sale in Leicester - Shaken, Stirred & Ready to Own

Description

The Loft Bar – LeicesterBusiness 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 layoutPremises:* 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 tradeTenure:* 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 placeFinancial Profile:* Annual turnover: £144,000* Net profit: £35,000* Opportunity for growth through events, extended hours, and private hireOpportunities for Growth:* Host additional events and private functions* Introduce daytime offerings or masterclasses* Expand premises or licensing for additional floorsThis 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.