Unique Gift Shop In Swansea City Centre For Sale

Business description

Preferred Commercial is delighted to offer for sale this busy gift shop, which was established by our client in 2000 and which is only now offered to the market due to our client's wish to retire. The business trades 6 days a week and generates a turnover in the region of £60,000 per annum with a gross profit of 50%. Zeitgeist offers a wide range of high quality gifts, collectibles, candles, famous figures and novelty items. There is a website in place advertising products offered and with online ordering facilities. We feel the turnover could be increased by promoting online sales and perhaps embarking on a modest marketing campaign. The business has an excellent reputation and is renowned for its extensive range of products at competitive prices. The premises boast a spacious shop area with an extensive range of displays and shelving. This is an ideal opportunity to acquire a unique retail shop with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 10 years
Remaining: 4 years
Review: every 4 years

Leasehold rent:

£11,500 per annum

Location:

Zeitgeist occupies end of parade lock-up premises, ideally located in a prime trading position on a busy high street in the city centre of Swansea. The premises benefit from ample off-street parking close by and are surrounded by a variety of independent and national shops. There are excellent public transport links in the area with the cities bus and railway stations both within easy walking distance. There are a large number of residential areas surrounding the business, ensuring a high footfall and much passing trade. Swansea is one of the largest in Wales and is a desirable place in which to live and work. The M4 is approximately 6 miles to the east, leading to Cardiff, which is 40 miles away.

Premises details:

Substantial ground floor lock-up premises in a city centre location. Briefly comprising:

Ground Floor
• Shop area with various display cabinets, shelving, window display, sales counter and electronic cash register
• Storage area with shelving
• WC with wash hand basin

Business Operation

Trading hours:

Mon - Sat: 9:00am to 5:30pm
Sun: Closed