Off Licence Businesses for sale in East Riding Of Yorkshire | Bizdaq
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**REDUCED**Multifaceted Off Licence In Hull ** Open To Offers**

Hull & Surrounding, East Riding Of Yorkshire

Asking Price £64,950
Turnover £472,668

Business overview

The business has been a cornerstone to the local community for around 10 years, providing regulars with all their essential goods and consumables at highly competitive prices.

With the current owner seeking retirement, a new owner is presented with stable foundations for further growth and prosperity through the business.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Rent per annum

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Business description

The business has been trading as a local off licence at this site for over 40 years, offering the surrounding community a wide range of products including tobacco, alcohol, household goods, snacks and other consumables. Its friendly, personalised service has ensured a returning customer base, with staff happy to help source any products customers may require. Card payments are also accepted which provides customers with a highly convenient method of payment.

Operating from a single fronted property, the customer steps onto the large shop floor and immediately notices the wide range of fully stocked shelving. A serving counter lies to the left of the shop, with a spirits and tobacco counter behind this. Beyond this is a small stock room. A two bed flat is present on the first floor, comprising a bathroom, toilet and living room which has the potential to be converted into a three bed. This is currently utilised as a storage space, however there is huge potential to refurbish and rent this out.

With no expenditure on advertising, the business has grown organically via word of mouth recommendations, largely due to its convenient location and wide range of stock.

Business location

Its position within a parade of shops enables it to benefit from a high footfall location, with custom deriving from much passing trade. A large residential area nearby provides the off licence with most of its customers and with plans to build a new housing estate in place, trade is inevitably set to increase. Many businesses such as a Post Office and pub compliment the off licence and bring further custom. With no local competitors, the business is entirely unique to the area.

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