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Retail Property (high street) for sale

84 New Bridge Road - HU9


Property Description

Commercial information

  • Business for sale

Key features

  • Extremely busy newsagents and general convenience store
  • Weekly turnover approx. £7,000, Paypoint approx. £2,500
  • Excellent main road location, highly populated residential area
  • Viewing highly recommended

Full description

Tenure: Leasehold

This is an excellent and very rare opportunity to purchase a very well established newsagents and general convenience store, with a fantastic weekly turnover. This fantastic convenience store is located on a prominent main road position at the very heart of the city, within a large number of quality residential dwellings and other small businesses all within the immediate locality. This business is also near local schools and sports areas.

Having successfully operated as a retail outlet in the city for many years and under current ownership for the last 10 years, this highly renowned business has earned an excellent reputation for offering the finest quality newspapers, magazines, food, booze and general goods. These services always come with a warm, friendly and a very local service. The business has a number of contracts with a local hotel and college campus and enjoys an extensive and loyal customer base, attracting repeat trade from the immediate vicinity as well as the neighbouring villages and towns.

The business operates from a highly visible single fronted shop premises, which is presented to a very high standard with an excellent range of fixtures and fittings to go with the sale. The business comes with a full CCTV package and an office to the rear of the property. Living accommodation can be found upstairs.

V & V Premier is a thriving and lucrative business which is run by the owners. This business is an essential piece within the local community and operates 7 days of the week.

The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic individual, couple or family that have the opportunity to extend and add to the stock already on offer at this excellent newsagents.

These enhancements will undoubtedly increase the already impressive weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum, therefore maximising overall profitability.

Weekly turnover £7,000 approx.

Paypoint £2,500
Cash point commission Annual Income £500
DPD parcel service commission Annaul Inome £500
Western Union Annual Income £800

Current records and accounts can be inspected when viewing.

Monday — Sunday 6.00am — 7.30pm.

The business is operated by the owners.

Building External
The business operates from a highly visible single fronted premises, occupying a prominent main road position on one of the main roads in and out of Hull City Centre. The main trading area and all storage is currently located on the ground floor.

The main serving and till areas are located to the left upon entrance to the business, with the main retail area covering the length and breadth of the single fronted store. The business comes with an excellent array of display shelving, display coolers and fridges with all storage currently towards the rear the property.

This property comes with a flat above the business with access from both inside the shop, as well as from the main road. The flat comes with living room, a fully fitted bathroom, a kitchen and 2 bedrooms.

We are advised that the property is available as a leasehold business, with 5 years remaining on the lease and a rental of £959 PCM with zero business rates.

A very rare opportunity to purchase a highly profitable business with amazing potential to grow the retail section of the business, to enhance for future growth and improvement. To avoid disappointment, a viewing is highly recommended.

Map & Street View

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