Reference - 44873
This is an excellent opportunity to purchase a well established and profitable newsagents and general store, with high potential for sustained and future growth within the desirable location of Hessle, Hull, East Yorkshire.
This fantastic newsagents and general store is located in the very heart of Hessle, within a large number of quality residential dwellings and other small businesses. The business is situated next to a very busy bus stop, which caters for both local busses as well as small coach tour operators, the business also comes with some outside parking and excellent passing trade.
Having successfully operated in the town for decades and under current ownership for the last 8 years, this business has become very highly renowned and earned itself an excellent reputation for offering the finest quality newspapers, magazines and general goods within the area to the local community and to the high number of footfall and passing trade from people visiting the town.
These services always come with a warm, friendly and a very local smile. The business therefore enjoys an extensive and loyal customer base, attracting repeat trade from the immediate vicinity, as well as neighbouring villages and towns, as well as the high number of visitors to the area.
The business operates from a highly visible double fronted corner shop premises, which is presented to an excellent standard, with an excellent range of fixtures and fittings to go with the sale.
Village Newsagents is a thriving and lucrative family run business with two members of part time staff and operates 7 days of the week.
The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic business person, couple or family that have the opportunity to extend and add to the stock already on offer at this excellent newsagents and with the addition of extra opening
hours or additional and varied stock. A small number of sma
Turnover approx. £5,000 A Week on Average
Lottery £1,000 A Week
PayPoint £11,000 A Week on Average
Current records and accounts can be inspected when viewing.
Monday - Saturday 7.00am -5.30pm
Sunday 7.00am – 1pm
The business is operated by the owners and two part time members of staff.
The business trades from a highly visible double fronted premises, occupying a prominent main road position. This is a lockup property with limited parking.
The top level of the property is currently set out as office areas, which have the potential to be let out at £460 per calander month, therefore increasing turnover.
Upon entrance to this business you find the main till area, with the main retail area covering the length and breadth of the double fronted store that comes with an excellent array of display shelving, display coolers and fridges.
There is no residential accommodation for owners/management currently available.
We are advised that the property is available with a 9 year lease remaining, with a rental value of £1,550 per calander month.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
A fantastic and rare opportunity to purchase a highly profitable business with terrific potential for future growth and improvement. To avoid disappointment, a viewing is highly recommended.