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King Richard III

70 Highcross Street, Leicester, LE1 4NN

About this opportunity

What a great opportunity to own a pub business in the heart of the city centre. King Richard III is a beautifully restored, elegant Victorian pub in a thriving city.

Together with the current business owner, a lot of investment, love and attention has been put into transforming this beautiful pub to become a sophisticated, yet charming venue.

Currently operating as a Pub & Chop House with a great reputation for its good quality food, the current business owner has decided not to continue with the venture at King Richard III, as it’s felt that the size of the food trading area is not aligned with the long-term ambitions for their business. This leaves a truly stunning venue and exciting opportunity for someone to take on this business and make it their own.

An investment of £110,000 has been made on the redevelopment of the pub. On entry, you are met by a warm and welcoming bar area with a fully opening window to the front. There is an additional seating area that has been beautifully decorated and is currently used as a dining room, which is served by the new well-equipped commercial kitchen on the upper floor. Outside you will find the hidden gem of a garden area with wall to wall planting - which is great for entertainment and can be used all year round.

It’s expansive upstairs private accommodation also provides great city centre living.

This venue lends itself to be a modern pub/bar serving a great selection of drinks and a light food offer.

Surrounded by great bars such as Cosy Club and Turtle Bay and being steps away from the High Cross shopping mall and the casino, it sits in a prime location.

Leicester City Centre continues to develop, as we see the opening of the new Novotel just around the corner.

We are looking for someone who has a good head for business and a great vision, to take on this wonderful building and provide a point of difference to the area, refreshing locals, visitors and shoppers alike.

If this sounds like you, we would love to chat!

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Public areas

  • Main bar area
  • Dining area/second room
  • Kitchen
  • Garden

Private areas

  • 3x Bedrooms
  • Lounge
  • Kitchen
  • Dining room
  • Bathroom

The community

The pub’s namesake, King Richard III, whose remains were found only a stone’s throw away from the pub in 2012, is one of many reasons why Leicester has firmly placed itself on the map for tourists to the area, with record numbers of more than 33 million people visiting the city and county in 2016.

Thousands visit Leicester Cathedral, located minutes away, to visit the site of King Richard’s reinterment, and, more recently, Luke Jerram’s 23-foot high The Moon which drew 28,000 visitors in 10 days.

We are very fortunate to have three great sporting teams, Leicester Tigers, Leicester City Football Club and the Leicester Riders, with many supporters gathering in the area ahead of sporting matches and heading to the stadiums all of which are within walking distance from the pub.

Add to this the full and varied cultural diary of Leicester, from the ever-growing Comedy Festival to the Belgrave Mela and City Festival, rarely a month goes by when there isn’t reason to visit the city centre.

The area has seen huge investment in recent years; The Highcross shopping centre draws shoppers from across the county, Jubilee Square, where events and gatherings are held regularly for patrons of the city and new offices and hotels are currently being built to cater for the rise of both tourism and business across Leicester.

With taxi ranks, public transport and the railway all close by, getting in and out of the city couldn't be easier. The pub also sits behind one of the main access roads in and out of the city.

The pub couldn't be better positioned location wise!

70 Highcross Street, Leicester, LE1 4NN
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