Retail for sale · HU12 9TE
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.
Comprehensive property specifications
Opportunity summary
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About
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.
Value & comps
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Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 42 Albemarle Road Hull, East Yorkshire
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