Retail Property (high street) for sale

The Square, Hessle, East Riding Of Yorkshire, HU13

Guide Price £125,000

Property Description

Commercial information

  • Business for sale

Key features

  • Extremely busy newsagents and general store
  • Weekly turnover 6,000, Lottery 3,000, PayPoint 11,000 a week on average
  • Excellent main road location, high potential
  • Viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase a well established and profitable newsagents and general store, with high potential for sustained and future growth within the desirable location of Hessle, Hull, East Yorkshire.

This fantastic newsagents and general store is located in the very heart of Hessle, within a large number of quality residential dwellings and other small businesses. The business is situated next to a very busy bus stop, which caters for both local busses as well as small coach tour operators, the business also comes with some outside parking and excellent passing trade.

Having successfully operated in the town for decades and under current ownership for the last 8 years, this business has become very highly renowned and earned itself an excellent reputation for offering the finest quality newspapers, magazines and general goods within the area to the local community and to the high number of footfall and passing trade from people visiting the town.

These services always come with a warm, friendly and a very local smile. The business therefore enjoys an extensive and loyal customer base, attracting repeat trade from the immediate vicinity, as well as neighbouring villages and towns, as well as the high number of visitors to the area.

The business operates from a highly visible double fronted corner shop premises, which is presented to an excellent standard, with an excellent range of fixtures and fittings to go with the sale.

Village Newsagents is a thriving and lucrative family run business with two members of part time staff 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 business person, couple or family that have the opportunity to extend and add to the stock already on offer at this excellent newsagents and with the addition of extra opening

hours or additional and varied stock. A small number of small 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.

This is a first class, high turnover, excellent business opportunity with fantastic scope for future growth. A viewing is therefore highly recommended to avoid disappointment.

TURNOVER
Turnover approx. 6,000 A Week on Average
Lottery 3,000 A Week
PayPoint 11,000 A Week on Average

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Friday 7.30am - 5pm
Saturday 7.30am - 6pm
Sunday 7.00am - 1pm

STAFF
The business is operated by the owners and two part time members of staff.

PROPERTY
The business trades from a highly visible double fronted premises, occupying a prominent main road position. This is a lockup property with limited parking. The top level of the property is currently set out as 3 office areas, of which 2 are let out to a small business.

TRADING AREAS
Upon entrance to this business you find the main till area, with the main retail area covering the length and breadth of the double fronted store that comes with an excellent array of display shelving, display coolers and fridges.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management currently available.

TENURE
We are advised that the property is available with a 9 year lease remaining, with 900 rent per calendar month.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
A fantastic and rare opportunity to purchase a highly profitable business with terrific potential for future growth and improvement. To avoid disappointment, a viewing is highly recommended.

More information from this agent

Nearest stations

  • Hessle (0.5 mi)
  • Barton-on-Humber (2.4 mi)
  • Barrow Haven (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hessle (0.5 mi)
  • Barton-on-Humber (2.4 mi)
  • Barrow Haven (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 44873. 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 ALTIUS GROUP LIMITED, Kings. 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.

Map data OpenStreetMap contributors.