Summary - Retail, East Yorkshire HU2 8DY
1 bed 1 bath Commercial Property
**Standout Features:**
- Established business since 1987, now available due to owner retirement
- Prime trading position on the fringe of Hull city center with off-street parking
- Easy operating hours, trading six days a week without late evenings
- Low rent leasehold with annual turnover of £204,000
- Significant potential for increased revenue by reintroducing sandwich sales and extending hours
- Additional space for further development, including a large unused kitchen area
- Stock valued at £20,000 included in sale
**Potential Concerns:**
- High local crime rates may be a downside
- Property in need of modernization
- Area classification indicates very deprived conditions
This prime retail opportunity in East Yorkshire presents an exciting prospect for investors or individuals seeking a fresh start in the retail business. This long-established newsagents and convenience store comes with a solid reputation and a consistent turnover, along with a leasehold arrangement that features low rent. The double fronted sales area, alongside additional storage and kitchen space, can significantly enhance operations with a little modernization and excitement. Although the surrounding area has high crime rates, its cosmopolitan character and proximity to various amenities could attract a diverse clientele.
Don’t miss out on the chance to step into a business with an existing customer base and plenty of room for growth. Act now, as opportunities like this don’t last long—an early inspection is highly recommended!
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