Take over a prime two-floor bar in Swansea with growth potential and training support

Description

A unique opportunity is presented to acquire a newly established bar located in the heart of Swansea.The venue is arranged over two floors and features a large lower-level dance floor, making it well suited to events, entertainment and high-volume trade.The premises are situated approximately 100 metres from Wind Street, benefiting from a prime central location with strong footfall and excellent access to surrounding shops, restaurants and city centre amenities. The level of competition in the immediate area is considered moderate.The business was established only recently and has been trading for approximately two months. The current ownership period has been brief, and the sale is being offered due to health reasons.The bar currently employs two staff members and has an active online presence via Facebook and Instagram, providing a foundation for ongoing marketing and customer engagement.Tenure and FinancialsThe business is offered on a leasehold basis at an asking price of £37,000. Current turnover is approximately £96,000, with an annual rent of £18,000.The sale includes all fixtures, fittings and stock, providing a fully operational, turnkey opportunity.Contractual ArrangementsThe premises operate under a smart dispense system supplied by Heineken. The incoming purchaser will be required to assume the existing contract or pay an additional fee to exit the agreement.Additional InformationTraining and handover support may be provided to ensure a smooth transition for the incoming owner.This opportunity represents a newly established bar in a high-demand location with clear potential for further growth under the right ownership.