Summary - The Penthouse, Flat 4, 17 Park Row LS1 5JQ
1 bed 1 bath Pub
Annual turnover £316,963 with 12 years of trading history
An established, elegant wine and cocktail bar in the heart of Leeds city-centre trading circuit, benefitting from high footfall and a proven annual turnover of £316,963. The long ground-floor servery, bespoke glazed wine room and fully stocked back bar create a distinctive, high-value offering that attracts regulars and steady evening custom. Capacity is around 75 covers with permitted outside seating and strong private-hire demand.
This is a leasehold sale offered at £75,000 with reasonable rent and discounted rates reported, making it well suited to buyer-operators or investors seeking a hands-on business with room to grow. The business has traded successfully for nearly 12 years and already runs popular events and offerings such as wine tastings, bottomless brunch and cocktail masterclasses. Stock is circa £5,000 and the premises have EPC Band B.
Opportunities include expanding daytime and weekday trade to capture shoppers and office workers in the busy LS1 area. The basement provides practical back-of-house space: keg cellar, bottle store, staff room, manager’s office and generous storage. Beer and ice equipment are in place, supporting efficient service and events.
Important practical notes: the property is leasehold, broadband speeds are very slow which may affect card/mobile POS or online bookings without upgrades, and local crime levels are reported as very high—factors to weigh for staffing, security and insurance. Heating runs on electric air-source systems and the property is in a dense, cosmopolitan student neighbourhood that supports evening trade but may influence daytime customer mix.
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