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Essentially risking promise, retiring to lush location? (4,3)


I believe the answer is:

skid row

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'lush location?' is the definition.
(I've seen this in another clue)

I don't understand how the remainder of the clue works.

Can you help me to learn more?

(Other definitions for skid row that I've seen before include "Squalid urban district" , "it's the way of many drunks" , "From very poor area" , "Run-down part of US town frequented by vagrants" , "District frequented by vagrants and addicts in America" .)

I've seen this clue in the Sydney Morning Herald.
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