FOR SALE
653722
B08969 / Rightbiz
Situated in the ever-popular city of Leicester, The Loft Bar enjoys a prime position in one of the city’s most vibrant leisure and hospitality districts. The location is known for its eclectic mix of stylish bars, buzzing restaurants, and late-night venues, drawing in a lively crowd of students, professionals, and weekend revellers.
The business benefits from high daily footfall thanks to its proximity to key city landmarks, retail areas, and office spaces, making it a magnet for both local residents and visitors. Leicester’s central shopping area and cultural quarter are just a short stroll away, ensuring a steady stream of potential customers throughout the week.
Transport links are excellent, with Leicester Railway Station less than a 10-minute walk, and multiple bus routes serving the surrounding area. Ample nearby parking and the city’s pedestrian-friendly layout add to the convenience for customers.
By day, Leicester has a relaxed urban charm; by night, it transforms into one of Leicester’s key nightlife destinations — meaning this bar is perfectly placed to capture trade from early evening drinks right through to the late-night crowd.
Premises
The Loft Bar offers a full capacity of up to 200 guests, making it ideal for both bustling weekend trade and large-scale private events. The interior is designed with a modern, welcoming aesthetic that blends chic décor with practical functionality.
The main bar area is fully equipped for a high-volume nightlife setting, featuring a professional DJ set-up with amplifier, mood lighting, and the classic sparkle of a disco ball to set the tone for lively evenings. A large outdoor terrace adds valuable extra space, perfect for summer nights, relaxed afternoon drinks, and outdoor functions.
The venue benefits from security staff facilities, ensuring a safe and well-managed environment for guests.
In addition, a dedicated function room with a capacity of 80 people provides a fantastic opportunity to host private parties, corporate events, and special celebrations. This space is equipped with its own bar area, allowing events to run independently from the main venue — a great asset for generating additional revenue streams.
With its adaptable layout, premium fixtures, and ready-to-trade set-up, the premises can seamlessly accommodate everything from intimate cocktail evenings to full-scale themed nights and exclusive hire events.
Tenure
Leasehold with an annual rent of just £15,000 a competitive rate for such a prime location in Leicester’s social scene. Potential for expansion via separate negotiation with the landlord, and an additional floor could be made available with a late license
Hours
Currently operating to suit the nightlife trade, with scope for extending hours, hosting more events, or adding daytime trade such as cocktail masterclasses, brunches, or private hire packages.
Staff
A friendly, experienced team is already in place, ensuring smooth day-to-day operations and consistent service.
Financial Profile
We are advised the business generates a turnover of approximately £144,000 per annum, with a net profit of around £35,000. These figures demonstrate solid profitability, with further growth potential for an ambitious owner.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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