Go Local Convenience Store, 259 Anlaby Road, Hull, HU3 2SE

An excellent opportunity to acquire a long-established Go Local branded convenience store occupying a prominent trading position on Anlaby Road, Hull.

The store has served the local community since 1988 and has built up a loyal and valued customer base over many years. This includes regular NHS staff customers, benefiting from the store’s position close to Hull Royal Infirmary and the wider Anlaby Road residential and commercial catchment.

Average weekly shop sales are approximately £9,200 including VAT. This figure excludes PayPoint, Payzone, ATM and National Lottery commissions, providing buyers with a clearer view of the underlying retail sales performance. Full till reports covering the last two years are available to seriously interested parties.

The premises extend to approximately 592 sqft internally and were fully refurbished approximately two years ago. The refurbishment included a complete modern shop fit and equipment, creating a well-presented and practical retail environment without an immediate requirement for substantial capital expenditure, subject to a purchaser’s own inspection.

The store offers an everyday convenience range serving local residents, hospital staff, commuters and passing customers. A large public car park is conveniently positioned opposite the premises, supporting quick and accessible visits for both local and passing trade.

The compact sales area should suit a hands-on owner-operator seeking an established store that can be managed efficiently without the staffing and overhead requirements associated with a significantly larger unit.

Hull is a major East Yorkshire city with a large residential population, diverse employment base and excellent transport links. The store occupies a prominent position on Anlaby Road, close to Hull city centre, within a well-established residential and commercial area.

The location benefits from a strong local customer base, supported by nearby housing, Hull Royal Infirmary and regular passing traffic. The hospital provides a steady flow of NHS staff, patients and visitors, with NHS employees forming an important part of the store's trade.

Excellent accessibility is provided by regular bus services, proximity to Hull Paragon Interchange and a large public car park directly opposite the store. These factors combine to support strong convenience-led trading, frequent repeat visits and a reliable mix of local and passing custom.

The store was fully refurbished approximately two years ago with a complete modern shop fit and equipment.

All fixtures and fittings owned by the business are expected to be included in the sale, excluding any equipment owned, leased or supplied by third-party service providers.

A full inventory will be prepared and agreed prior to exchange of contracts.

This is an excellent opportunity to acquire a long-established community convenience store with proven sales, a loyal customer base, modern fixtures and equipment, low overheads and a secure lease. Trading from the same location since 1988, the business benefits from a strong local reputation, while comprehensive till reports for the last two years allow purchasers to assess recent performance in detail.

Occupancy costs are highly attractive, with rent of just £7,200 per annum, no business rates currently payable and approximately 13 years remaining on the renewable lease. Recent refurbishment should limit immediate capital expenditure requirements.

There remains scope to grow profitability through tighter stock control, margin optimisation, expanded fresh and chilled ranges, food-to-go offerings and targeted local marketing. The store is also well positioned to increase trade from Hull Royal Infirmary staff, patients and visitors through tailored meal, snack and convenience products, alongside delivery and digital marketing initiatives where commercially viable.

No employees will transfer with the business under TUPE

Full trading information will be provided upon request to seriously interested parties.

Monday to Sunday: 5:00am to 10:00pm

The business is offered by way of assignment of the existing renewable lease.

• 15-year renewable lease term from June 2024.
• Current rent: £7,200 per annum (£600 per month).
• Rent reviews every 5 years.

Full details of the lease, including repairing obligations, rent review provisions, insurance contributions, permitted use and assignment conditions, will be made available to seriously interested parties.

The vendor advises that no business rates are currently payable.

Interested parties should make their own enquiries with Hull City Council and confirm whether the current position will continue following a change of business ownership or occupation.

Any eligibility for Small Business Rates Relief or another form of relief is personal to the occupier and should not be assumed to transfer automatically.

The store currently benefits from PayPoint, Payzone, ATM and National Lottery services.

The continuation or transfer of each service will be subject to the approval, contractual requirements and onboarding procedures of the relevant provider.

The National Lottery appointment is at the sole discretion of Allwyn UK Plc. No guarantee can be given that the existing appointment or commission arrangements will transfer to an incoming purchaser.

The purchaser will also be responsible for obtaining or transferring any licences, registrations and permissions required to operate the business.