Profitable Off Licence In Swansea West Glamorgan For Sale

Business description

Preferred Commercial is delighted to offer for sale this profitable off licence, which was established in 1960 and which has been in our client's careful hands since 1991. The off licence is only now being offered to the market due to our client's wish to retire. The business trades 7 days a week and generates a turnover in the region of £460,000 per annum with a gross profit of 13%. As well as offering an extensive range of alcohol, the business also offers a selection of newspapers, groceries, convenience lines, PayPoint and the lottery. We feel the turnover could be further increased by extending the range of products for sale, such as hot and cold snacks. Our client has gained an enviable reputation and a loyal customer base with much repeat trade. The premises are well-equipped to suit the trade and boast a spacious sales area and large store room. There are 2 x 1-bedroom self-contained flats to the first floor, which have previously been let out at £350 per month, each. This is an ideal opportunity to acquire an already busy off licence with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Location:

Cocktails Off Licence occupies 2-storey double fronted premises, situated in a parade of shops in Swansea, West Glamorgan. The business occupies a prominent trading position in a densely populated residential area, from which it draws much trade. The area is well-served by public transport with a number of bus routes and a railway station within easy walking distance. The city centre lies half a mile away and possesses a wide range of amenities and attractions, including schools and shopping centres. The premises boast easy access to the A-road network and the M4 motorway. Swansea is one of the largest cities in Wales and is a desirable place in which to live and work.

Premises details:

Substantial 2-storey retail premises with 2 self-contained 1-bedroom flats above. Briefly comprising:

Ground Floor
• Retail area with a range of shelving and displays, ATM, lottery terminal, PayPoint service point, 2 x ice cream chest freezers, 2 x upright drinks chillers, beer & wine chiller, central gondola, dairy chiller, greeting card display, counter, sweet displays, tobacco gantry, spirits display, wine & beer display and pharmaceutical display
• Store room
• Office
• Second store room
• Staff WC with wash hand basin

First Floor
• 2 x self-contained 1-bedroom flats with lounge/diner, kitchen and bathroom

External
Enclosed private yard to rear

Other information

Trading hours:

Mon - Sun: 6:00am to 10:00pm