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Wyton Bar Service Station, 388 Main Road, Bilton, Hull, HU11 4DB

£1,300,000

Business rates & charges may apply

Christie & Co, Retail
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

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.

Location

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 Details

Well-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.

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.

EPos tills and ESEL's can be purchased by separate negotiation.

Fuel Tank Information

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

External Details

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.

The Opportunity

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.

Staff

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.

Trading Information

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

Trading Hours

Open 24 hours, 7 days a week.

Tenure

We 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.

Regulatory

The appointment of the National Lottery is at the sole discretion of Alwyn Plc.

Premises licence.

Energy Performance Certificates

EPC 1

Brochures

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

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 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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