Local Newsagents And General Store In Hull For Sale | | Undisclosed East Riding of Yorkshire | | FANTASTIC OPPORTUNITY TO ACQUIRE A NEWLY REFURBISHED NEWSAGENTS AND LOCAL STORE WITH GREAT GROWTH POTENTIAL | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 41280
ADVERT IMPRESSIONS : 32,663 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £199950 | LEASEHOLD: | £49950 | ANNUAL RENT: | £12000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | This well positioned newsagents and general store is located to the North West of Hull city centre in the East Cottingham area of the city.
The business has been well established and thrived for over 50 years; the current owners are approaching their third year in successful occupancy.
The business has a diverse custom base including a large number of students who live in the surrounding area. Hull University is only a few minutes walk from the premises.
The newsagents is currently ran mainly by staff, with minimal input from the owners, both of whom have full time jobs elsewhere. Despite this, the business continues to develop and remains popular. It would benefit however from some small capital injection to modernise the appearance of the interiors and exteriors.
The shop sells a variety of convenience products including newspapers, confectionary and non-perishables. The current news sheet is at £1700.00 per week at cost with potential for growth under the right ownership, due to high local demand.
The business has a loyal customer base, with little competition within the immediate vicinity. It has a regular following and gains some passing trade due to its excellent trading position. Due to it s convenient position in relation to local housing, it has always had terrific local custom.
The business comes fully fitted with all racking and railing as well as numerous drinks and cold fridges and the sales counter and till.
There is tremendous potential to develop the retail sales of the business, including later opening times to suit the local demands. There would also be great scope to open as an off- licence in the evening, as the demand locally is suitably high.
We believe the business would be an ideal purchase for a partnership or couple who can fully utilize the businesses potential as well utilise the expansive 3 bedroom family accommodation.
DEMAND IS EXPECTED TO BE HIGH WITH THIS BUSINESS AND WE WOULD ADVISE EARLY VIEWINGS | | | | | | FOR SALE | | | | | REFERENCE: | 0345 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
