Dhillons Convenience Store, 894 Spring Bank West, Hull, HU5 5BL
- SIZE
Ask agent
- SECTOR
Convenience store for sale
Key features
- A spacious unbranded convenience store
- Advised weekly sales c£7,500 exl. services
- Excellent footfall location, school nearby
- Generous on street parking
- Scope to increase turnover
- Limited competition. Energy Rating C
- Christie & Co Ref: 5417049
Description
Dhillon's convenience store, located in the bustling area of Hull, offers a prime investment opportunity.
Owned and operated by the same family for 15 years, this well-established business benefits from high footfall due to its strategic position on a main road, surrounded by schools, bus stops, and residential houses. The store features convenient free parking right outside, with additional parking at the rear, and is situated on a parade with other complementary businesses, including a gas services provider and a takeaway.
Currently run by the family with no additional staff, Dhillons provides potential buyers with the flexibility to manage the business as they see fit. This thriving convenience store is perfectly positioned to continue serving the local community and offers great potential for growth.
Dhillons convenience store is perfectly positioned amidst extensive housing, attracting a steady flow of residents and visitors. Located in the north-west of Hull city centre, just 2 miles away it benefits from easy access via Willerby Road, ensuring high visibility and foot traffic. The vibrant area enjoys an array of shops, cafes, and restaurants and draws a diverse crowd, making it a bustling hub. Nearby parks like West Park and Oak Road Playing Fields offer excellent outdoor spaces for leisure activities and enhance the area's appeal. The presence of local schools and essential services guarantees a constant demand for everyday necessities. Invest in Dhillon's and tap into a thriving community with great potential for the business.
Fixtures & FittingsAll 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 OpportunityThis long-established business presents a fantastic opportunity for both first-time buyers and experienced operators to expand and enhance its offerings. With immense potential for growth, the store could benefit from extended opening hours, capitalising on the nearby school trade and early commuters, introducing new services such as a Post Office (subject to application), slush machines, hot food to go, and a full symbol offering. Additionally, the store already features an Amazon locker at the rear, and there is scope to add various parcel services, further increasing customer convenience and foot traffic. This is a prime chance to take a thriving business to new heights.
StaffThe store is solely run by the owner.
Trading InformationWe 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 £500.
Trading HoursMonday to Thursday: 7.30am to 7pm
Friday & Saturday: 7.30am to 7.30pm
Sunday: 8.30am to 4pm
Lock-up only. The vendor will grant a new 15 year lease with a passing rent of £9,600 per annum.
Business RatesWe are informed by our client that they are currently paying zero business rates.
Energy Performance Certificates
EPC 1Brochures
Dhillons Convenience Store, 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
Notes
Disclaimer - Property reference 5417049-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.
Map data ©OpenStreetMap contributors.