Convenience Stores for sale in Swansea

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 A great tool to sell without the huge estate agent fee and a partial refund for a quick sale!  

S. Campbell (April 2016)
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Freehold Price: £199,999 Price Reduced
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Business Description
• Busy off licence and convenience store, showing year on year growth
• Income 2016 in excess of £250,000 plus P.O Salary £22,000 P.A and growing
• Located in a prime high street and main route road
• Recent partial refurbishment to high standard, with scope to expand, growing annual income

Profitable and growing Freehold family run Convenience Store in a prime location. Turnover for year 2016 in excess of £280,000. Freehold 2 bedroom property above currently sub let income 500 pcm, could be owners accommodation. Excellent lifestyle opportunity with loads of potential
Freehold Reference 30908. Ref. 45767

This is a delightful opportunity to purchase a business in an ideal location. H M Convenience Stores occupies a prominent centre of city trading location, close to all the university accommodation and campus in the centre of Swansea, South Wales. This large end terraced 2 bedroom character property offers accommodation for the owners and is currently leased on a 6 month short term rental, imputing an additional £500 pcm in rental income

The site offers excellent scope 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 2005, and originally purchased from ourselves the stores has been in the area for over 50 years and has grown and developed with the area around it.

Swansea is the capital of Wales and has a large student presence. The store is 10 minutes drive from the M4 Motorway and located within the main student housing area. Swansea 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 into the rear of the property yet leaving scope to extend the opening hours for the new purchaser.

The store is licensed for alcohol sales, lottery, paypoint, 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 it has the

potential to expand on these and offer additional services.

This is an excellent opportunity to acquire this business with growth potential, complete with a 2 bed owners accommodation apartment offering a true lifestyle business. Due to the location and scope, viewing is strongly recommended as demand is expected to be high.

Summary. H M Convenience Stores represents an ideal opportunity for a seasoned business owner, 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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KBT45767
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