Convenience Stores for sale in Cardiff

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 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Freehold Price: £549,999 Price Reduced Annual Turnover: £589,005
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Business Description
• 2600 sq. ft. convenience store located in Cardiff
• Income 2017 £589,005, excellent scope for growth and expansion
• Recent refurbishment to a high standard, with scope to expand
• 4 bed accommodation above with prior planning approval to convert into 4 separate apartments, viewing recommended

Reference 45867. Double fronted 2600 sq. ft. family run Convenience Store in a prime location in Cardiff. Turnover for year 2017 £589,005. 2 combined properties totalling 4 Bedrooms with prior planning permission for conversion into flats. Potential owner’s accommodation. Excellent lifestyle opportunity with loads of potential. Freehold/Leasehold.

This is a delightful opportunity to purchase a business in an ideal location. Lifestyle Express convenience store, occupies a prominent city centre trading location, close to the university accommodation and campus in the centre of Cardiff, South Wales.

This large, terraced property (formally two dwellings) is located upon a small parade in Tweedsmuir Road. The store covers some 2600 sq. ft. of floorspace and is excellently laid out with a 4-bedroom owners accommodation above. This accommodation was subject to prior planning approval for modification into 4 private apartments offering excellent scope to a developer.

The site offers the opportunity for the seasoned business owner to expand upon the success and hard work that the current owners have achieved. Owned by the current vendors since 2006 and totally renovated, this store has been in the area for over 50 years and has grown and developed with the area around it.

Cardiff is a major city of South Wales and has a large student presence. The store is 15 minutes’ drive from the M4 Motorway and located within the main student and residential area, yet is only 5 minutes from the main city centre. Cardiff has a diverse culture and honest locals who, with the student population, support the shop well.

Over the years of ownership, the vendors have expanded the shop, combining 2 properties into 1, yet still leaving scope for new owners to extend the business further.

The store is licensed for alcohol sales, lottery, pay point, cigarettes and a whole host of household goods in addition to everyday groceries, including some fresh and frozen products, convenience products, tinned products, cards and newspapers. The store does not offer newspaper delivery rounds, but there is some demand for this from the locals. The vendors limit the current hours, therefore this business has the potential to expand on these and offer additional services.

The store and accommodation are primarily offered upon a freeho

Summary. Lifestyle Express convenience stores represents an ideal opportunity for a seasoned business owner, corporate or lifestyle client, to acquire a business in a unique position with exceptional potential in a desired location, offering excellent scope to develop further.
The business represents an ideal opportunity and demand is expected to be exceptionally high, therefore early viewing is a must.
Tenure: Freehold

Listed by: Kings Business Transfer
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