Historic four-star Leopold Hotel in Sheffield city centre listed for sale
A listed four-star hotel has hit the market for the first time in 19 years
A top hotel described as ‘one of the finest and best-located in Sheffield’ is for sale.
The Leopold Hotel on Leopold Street is on the market for the first time in 19 years, with the owners seeking ‘substantial offers’ but not setting a price.
Originally built in 1800 as a boys' grammar school, the Grade II listed building was restored and converted into a four-star hotel with 90 en-suite bedrooms in 2007. Sheffield does not have a five-star hotel in the city centre.
It is operated and part-owned by Prem Group, with some private equity ownership, according to estate agents Colliers.
The hotel is profitable, with growth forecast for 2026, Colliers says. Turnover last year was £2.42m and the decision to sell is part of an “investment cycle.”
A sales brochure states it is ‘a rare opportunity to acquire a well-established hotel business in an outstanding trading location. Substantial offers are invited for this iconic property’.
It adds: “The hotel sits just off Leopold Street, 250 metres from the Town Hall and the Peace Gardens and Winter Gardens, the centrepiece of the city's urban regeneration, and also only four minutes’ walk away from the Crucible Theatre, where the World Snooker Championship is currently taking place.
“Last month, the annual tournament announced its commitment to the venue until at least 2045.”