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Dhillons, 894 Spring Bank West, Hull, HU5 5BL

Offers Over
£100,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Advised weekly sales c£7,500
  • Free parking outside the store
  • Excellent footfall location, school nearby
  • Limited competition
  • Huge scope to increase sales
  • Independent store. Energy Rating C
  • Christie & Co Ref: 5417005

Description

Description

The business has been owned for 15 years by the vendor and is run by family with no staff. Very well established, it benefits from high footfall due to the main road, schools, bus stops, passing trade and residential houses. There is free parking right outside with further parking at the rear. The site is on a parade of other complimentary businesses including a Gas Services and takeaway.

Location

The Avenues is an area of Victorian housing located in the north-west of Kingston upon Hull. It is formed by four main tree-lined straight avenues running west off the north-north-east/south-south-west running Princes Avenue. Willerby Road leads into the area with easy access to the motorway and the centre of Hull.

Internal Details

A rectangular shaped retail area with a service till on the left overlooking the store. There are three traditional gondola aisles in the middle with perimeter shelving. Notable items of inventory include 1 open chillers, and a fully integrated remote CCTV system. There is a double door standing freezer and a Walls ice cream unit. There is a large stock room, kitchenette and a WC.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

The Opportunity

A long-established business offering a great opportunity for a first-time buyer or an experienced operator to take this business further. The scope is huge, with opening longer hours, capitalising on the school trade and introducing a Post Office (Subject to application), slush machines, hot food to go and a full symbol offering. The store also has an Amazon locker at the rear and other services could be added including various parcel services.

Staff

The store is solely run by the owner.

Trading Information

We are advised by our client that current weekly sales are in the region of £7,500 including VAT, and excluding services. Weekly services currently are approx. £500 Lotto and Paypoint £5,000.

Trading accounts are available upon request.

Trading Hours

Monday to Thursday: 7.30am to 7pm
Friday & Saturday: 7.30am to 7.30pm
Sunday: 8.30am to 4pm

Tenure

Lock-up only. The vendor will grant a new 15 year lease with a passing rent of £9,000 per annum.

Business Rates

We are informed by our client that they are currently paying zero business rates.

Regulatory

Transfer of a Post Office appointment is at the sole discretion of the Post Office Network.
The appointment of the National Lottery is at the sole discretion of Camelot Plc.
Premises licence.

Energy Performance Certificates

EPC 1

Brochures

Dhillons, 894 Spring Bank West, Hull, HU5 5BL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station2.0 miles
  • Cottingham Station2.2 miles
  • Hessle Station3.0 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Retail

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 5417005-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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