Independent retail shop for sale in Hull, Fresh Start opportunity with local presence
Hull, East Riding of Yorkshire
- Status
FOR SALE
- Advert ID
644898
- Reference
B09376 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: £49,000 (£942 per week)
- Profit: £23,000 (47% Profit margin)
Business Details
Fresh Start Retail Opportunity – Modern Independent Shop in Hull
BusinessPlease quote reference B09376
CoGoGo proudly presents to the market SPARK, an independent retail business established in 2025 and positioned for a smooth handover.
The business has been thoughtfully set up and benefits from a simple operating model, making it ideal for a first-time buyer or an owner-operator seeking a manageable venture.
Since launch, the business has traded consistently and built a local presence, operating from a well-positioned unit in Hull city centre. The current owner is selling due to moving on to new opportunities, presenting a genuine reason for sale.
This is a turnkey opportunity with scope for further development under new ownership.
Early viewing is highly recommended.
Location
The business is located on South Street, Hull (HU1), a central and accessible area close to other commercial and retail activity, benefiting from passing footfall and city centre trade.
Premises
The business operates from a leasehold ground-floor retail unit, suitable for the current style of operation. The premises are presented in good order and are appropriate for immediate continued trading.
Tenure
Leasehold.
We are advised that the lease has approximately three years remaining and is extendable.
Hours
The business currently trades seven days a week:
Monday to Sunday: 10:00 am – 5:00 pm
Staff
The business is currently owner-run with no staff employed.
Financial Profile
We are advised that the rent is £4,000 per annum.
We are advised that the business benefits from zero business rates due to small business rate relief.
Contact Agent
Listing Statistics
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Contact the seller for more details, or book a viewing
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.
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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.'.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
