Post Office and Convenience Store for Sale in Hull East Riding of Yorkshire
Hull, East Riding of Yorkshire
- Status
FOR SALE
- Advert ID
654892
- Reference
591691 / Rightbiz
- Call Agent:
- Leasehold: £230,000
- Turnover: £754,000 (£14,500 per week)
- Profit: Not Applicable
Business Details
Post Offices For Sale in Hull
POST OFFICE AND LICENSED CONVENIENCE STORE in Hull for Sale.An excellent opportunity to acquire a thriving village Post Office and licensed convenience store occupying a prominent end-terrace position within a popular village, approximately 10 miles from the centre of Hull. The area is a well-established and expanding rural community with a population in excess of 2,300 residents, providing a strong local customer base together with trade from surrounding villages.
A highly regarded, family-operated concern which is run by our clients with assistance from family members and one part-time employee. The business enjoys impressive retail sales averaging £14,000 to £15,000 per week, together with a Post Office income of approximately £25,000 per annum. Latest available accounts for the year ended March 2025 show adjusted net profits in the region of £65,000, offering excellent earnings from a manageable owner-operated business.
The business is offered on the basis of a new seven or ten year Full Repairing and Insuring lease, with three-yearly rent reviews, presenting a rare opportunity to acquire a profitable village retail and Post Office business with substantial living accommodation in a sought-after East Yorkshire location.
Spacious and attractively presented premises with lay-by parking to the front, comprising an impressively fitted, air-conditioned convenience store providing quality product displays, extensive refrigeration, greeting card department and a modern cash-out area incorporating a Post Office combi counter. To the rear is a valuable private patio garden accessed from a lobby area, together with a substantial garage / stock room featuring roller shutter delivery access, additional stock room, secure store and staff WC facilities.
Owners' accommodation at first floor level provides comfortable family living, including an open-plan lounge and dining room, fitted kitchen, three good-sized bedrooms (one with en-suite shower room and WC) and a combined family bathroom, making this an ideal home and income opportunity.
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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.
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