296 Holderness Road, HU9 2JX

296 Holderness Road

Hull, HU9 2JX


Rent   P.O.A.

Price   £175,000


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296 Holderness Road

Hull

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  • Description

    The premises comprise a mid-terrace traditional built brick property under a pitched tile clad roof. The ground floor provides spacious sales and rear storage with first floor and attic ancillary accommodation.

  • Overview

    FREEHOLD PROPERTY & BUSINESS FOR SALE AS A GOING CONCERN - AVAILABLE DUE TO RETIREMENT

    Long established business operated by the present owners for 30+ years

    Confectionary, tobacco and news trading 6½ days per week

    Gross profit plus lottery income in excess of £100,000

    Spacious ground floor sales with secure rear stores total 97.5 sq m plus upper floor ancillary c.71.9 sq m

    PROPERTY & BUSINESS NOW ONLY £175,000 - PLUS STOCK AT VALUATION
    (A lease of the property may be considered)

  • Location

    The property is positioned within the busiest stretch on the south side of Holderness Road approximately 1.5 miles east of Hull City Centre. Nearby occupiers include NatWest, Boots, British Heart Foundation, Cooplands and Heron Foods to name a few of the many regional and national retailers represented.

  • Accommodation
    Ground floor    
    sales with internal frontage width 5.1 m (16 ft 9 in) x overall depth 15.5 m (51 ft)
    Sales Area c. 69.70 sq m (750 sq ft)
    Rear Store 27.87 sq m (300 sq ft)
         
    First Floor c. 44.80 sq m (482 sq ft)
    Ancillary Stores, WC and kitchen facilitie
         
    Attic Stores 25.20 sq m (272 sq ft) 
         
  • Disposal Terms

    BUSINESS AND PRICE

    With reference to the last 3 years available profit and loss accounts – the last to the year ending 30th April 2016 – the average turnover has been approximately £605,000 with a gross profit plus lottery income averaging c. £105,000 with a good net profit. The business has been operated by the current owner for in excess of 30 years typically trading 6.30 am until 5.30 pm Monday to Saturday and 7.00 am to 1.00 pm Sunday. It is operated by one full time individual with 5 part time staff. There is a strong emphasis on greetings cards and sweets. Additional information will be available to parties that view, retain a genuine interest and can demonstrate an ability to proceed if terms are agreed.

    The freehold property plus the business is offered For Sale at a combined price of only £175,000 with stock to be acquired at valuation on completion. Alternatively the business may be sold subject to the grant of a lease on the property.

  • Other Info

    ENERGY PERFORMANCE RATING: Awaiting Confirmation

Overview
Description
Accommodation
Terms
Other Info

FREEHOLD PROPERTY & BUSINESS FOR SALE AS A GOING CONCERN - AVAILABLE DUE TO RETIREMENT

Long established business operated by the present owners for 30+ years

Confectionary, tobacco and news trading 6½ days per week

Gross profit plus lottery income in excess of £100,000

Spacious ground floor sales with secure rear stores total 97.5 sq m plus upper floor ancillary c.71.9 sq m

PROPERTY & BUSINESS NOW ONLY £175,000 - PLUS STOCK AT VALUATION
(A lease of the property may be considered)

The premises comprise a mid-terrace traditional built brick property under a pitched tile clad roof. The ground floor provides spacious sales and rear storage with first floor and attic ancillary accommodation.

Ground floor    
sales with internal frontage width 5.1 m (16 ft 9 in) x overall depth 15.5 m (51 ft)
Sales Area c. 69.70 sq m (750 sq ft)
Rear Store 27.87 sq m (300 sq ft)
     
First Floor c. 44.80 sq m (482 sq ft)
Ancillary Stores, WC and kitchen facilitie
     
Attic Stores 25.20 sq m (272 sq ft) 
     

BUSINESS AND PRICE

With reference to the last 3 years available profit and loss accounts – the last to the year ending 30th April 2016 – the average turnover has been approximately £605,000 with a gross profit plus lottery income averaging c. £105,000 with a good net profit. The business has been operated by the current owner for in excess of 30 years typically trading 6.30 am until 5.30 pm Monday to Saturday and 7.00 am to 1.00 pm Sunday. It is operated by one full time individual with 5 part time staff. There is a strong emphasis on greetings cards and sweets. Additional information will be available to parties that view, retain a genuine interest and can demonstrate an ability to proceed if terms are agreed.

The freehold property plus the business is offered For Sale at a combined price of only £175,000 with stock to be acquired at valuation on completion. Alternatively the business may be sold subject to the grant of a lease on the property.

ENERGY PERFORMANCE RATING: Awaiting Confirmation

296 Holderness Road

Hull , HU9 2JX


The property is positioned within the busiest stretch on the south side of Holderness Road approximately 1.5 miles east of Hull City Centre. Nearby occupiers include NatWest, Boots, British Heart Foundation, Cooplands and Heron Foods to name a few of the many regional and national retailers represented.

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