 | Lock-up Convenience Store In Residential Area of Swansea For Sale Swansea, South Wales, United Kingdom Advert ref: GLN.0.10.W Business description
The convenience store established for over 20 years ceased tradiong at the end of September 2007 due to the pressure of other business interests.The vendor is confident that the business can re-commence trading. The business benefited from its close proximity to the University with many students living in flats in the surrounding area.
Years established: 23 years
Employees: Vendor & wife.
Property: Leasehold
Lease terms
A new 15 year lease is offered at an initial rental of £150 pw
Location
The business is located on the ground floor of a substantial 3 storey corner property in the centre of a very densely populated residential area close to the university.
Expansion potential
Densely populated residential area with many students in private lets increasing the potentail customer base.
Support & training
As required
Reasons for selling
Presure of other business interests
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| | Financial details Asking price: £10,000
Sales revenue: < £200k
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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