Profitable Convenience Store in High Footfall Area of Hull for Sale
Kingston Upon Hull, East Riding of Yorkshire
- Status
FOR SALE
- Date Submitted:
10/10/21
- Advert ID
284173
- Leasehold: £35,000 (Stock at valuation)
- Rent: £7,800
- Turnover: £159,000 (£3,058 Per week)
- Net Profit: £14,000 (9% Profit margin)
Key Features
- Small Business
- Adjacent to Multiple Retailers
- Offers Invited
- Prime Location
- Attractive Business
- Fully Fitted
- Established Business
- Close to Local Amenities
- Accounts Available
Business Details
Convenience Store FOR SALE Highly Sought After Area Hull
CONVENIENCE STORE FOR LEASEHOLD SALE IN HULL
A profitable convenience store business is available for sale in the heart of Princes Avenue in Hull. Located in a business high footfall area, this is an opportunity not to be missed.
The shop is well established with a regular customer base, near busy pubs and restaurants and takeaways. It is the ONLY convenience store with PAYZONE bills payment option for British Gas within a 2-3 mile radius, giving this store monopoly and drives through plenty of traffic.
The shop comes with all fixtures and fixings, including the following:
- Three drinks fridges
- Deep freezer
- Large refrigerator
- Rented coffee machine
- MyCoffee Station
- Shelving units
We also have an alarm system that we will transfer to you via VERISURE, a CCTV system at no extra cost worth £3500. Price is negotiable stock at valuation cost.
The shop offers a great range of groceries and drinks and confectionery goods. Very close to Hymers College and just outside a bus stop, the shop gets a lot of students and staff customers from the college. Not to mention that it is not far from the Hospital and a large factory with 100s of staff.
Leasehold: £35,000
Annual Rent: £7,800
The store would benefit from a working owner or someone who can commit time in the store. It will give you a good wage and profits at the end of the year. A profit and loss sheet is available for SERIOUS BUYERS ONLY.
I am selling this business as I own three other businesses that are now taking all my time, and I don't have enough time to run this one. I am prepared to sell to the right buyer at the right price.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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