Coco Lounge Bar: Popular Sheffield cocktail and karaoke bar goes up for sale, with chance to 'treble turnover'

Coco Bar Lounge on Devonshire Street, between Devonshire Green and West Street, has been listed with an asking price of £84,950. The bar, which has an impressive 4.7 out of five rating on Google review, boasts a large dance floor with a DJ booth, a private karaoke room upstairs with space for 30 people, and a late licence allowing it to open until 3am.

The bar is being marketed by Ernest Wilson & Co, which says there is ‘massive potential’ for the new owners to dramatically increase turnover. The sales blurb states that before Covid hit, the venue had a weekly turnover of more than £6,000 but this has fallen to £1,500-£2,000 as it currently only operates for limited hours three days a week.

Its five-star reviews on Google include one calling it an ‘absolute gem’ serving ‘amazing’ cocktails, and another praising the ‘lovely light-up disco dance floor’.

The Star last year described Coco Bar Lounge as one of the best student bars in Sheffield city centre.