Wyton Bar Service Station, 388 Main Road, Bilton, Hull, HU11 4DB
- SIZE
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- SECTOR
Petrol station for sale
Key features
- 1,103,082 litres to YE 31 Dec' 2023
- Shop sales £756,758 EXCL. Vat YE 31 Dec' 2023
- Total fuel & shop GP £416,001 inc commissions
- Rent: car repair & car wash tenants - £28,380
- ANP: £129,971 - fully staff run business
- Well-presented. Open 24 hours. Shop Energy Rating B
- Christie & Co Ref: 5417030
Description
Petrol filling station with a modern convenience store run under management and staff, a single site disposal by our client's company with strictly none of their other forecourts for sale.
Rental income from car service and repair tenant.
Situated between the villages of Bilton and Wyton on a crossroads with Wyton Road, Main Road, and Holmes Lane. Bilton is on the eastern edge of Kingston upon Hull enjoying a pleasant rural location yet readily accessible to the city within a few minutes.
Internal DetailsWell-presented forecourt shop with three gondola aisles, upright modern chillers for beers, wines, and cider, upright freezer display of frozen foods, Costa machine, Rollover hotdog, Freal milkshake machine, Bake & Bite, Tango ice-blast, multi deck open-chillers for diary products, soft drinks, sandwiches, confectionery, crisps, ice-cream, and small range of convenience foods.
Stylish cash register area with backlit spirits display wall, vapes display, lotto and Paypoint terminals.
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.
EPos tills and ESEL's can be purchased by separate negotiation.
There are 5 of tanks, of which 3 are double skinned and 2 single.
Tank 1 - Ultra Unleaded - capacity: 9,000 litres. Age: 1993 - double skin steel
Tank 2 - Unleaded - capacity: 18,000 litres. Age: 1993 - double skin steel
Tank 3 - Derv - capacity: 18,000 litres. Age: 1993 - double skin steel
Tank 4 - Derv - capacity: 9,000 litres. Age: 1974 - single skin steel
Tank 5 - Ultra Derv - capacity: 9,000 litres. Age: 1974 - single skin steel
Externally, there are 4 pump islands, all double nozzles beneath aa 4.5m BP branded canopy. External ATM, and launderette service.
There are 6 lined car parking spaces to the forecourt, plus spaces for air and water line. In addition, Bilton service station and car repair and MoT garage has further parking.
Our client has a group of petrol filling stations and due to internal plans this is the only forecourt which is available on the market. This is a superb opportunity for an owner operator or first-time buyer to enter the forecourt sector. In addition, as this has traded successfully and profitably under our client's management this may appeal to multiple operators to maintain as a fully staff run business.
There is an existing fuel supply agreement with BP until September 2024. Purchasers will be free to choose an oil company and also a wholesaler for the shop supply.
TUPE - the proposed purchaser will be required to offer continuity of employment in accordance with the Transfer of Undertakings (Protection of Employment) Regulations.
There are 12 members of staff together with a part-time handyman. Staffing includes till and shop work including manager and back office.
Management accounts to year end 31 December 2023 show fuel sales of £1,488,333, fuel volume litres 1,103,082, fuel gross margin £175,805. There is no bunkered fuel.
Shop sales excluding VAT £756,758 - 28.1% GP - £212,750 gross.
Lotto commission: £3,711
Paypoint utility commission: £5,610
ATM income: £1,080
Other: £1,856
Rent from car repair tenant: £12,000
Rent from valet/car wash: £16,380
Air & vac: £1,745
Total gross profit: £430,937
Adjusted net profit: £129,971
Open 24 hours, 7 days a week.
TenureWe understand the property is freehold; with a valet/car wash tenant with a lease term of 3 years from 1 October 2022 to 30 September 2025 and an annual rent of £16,380. With the car service repair MoT tenant on a lease term of 6 years from 8 September 2021 to 7 September 2027 and an annual rent of £12,000.
Please ask for further details regarding the lease.
The appointment of the National Lottery is at the sole discretion of Alwyn Plc.
Premises licence.
Energy Performance Certificates
EPC 1Brochures
Wyton Bar Service Station, 388 Main Road, Bilton, Hull, HU11 4DB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hull Station5.3 miles
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Notes
Disclaimer - Property reference 5417030-fh. 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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