Leasehold Motorcycle Retailer in Exeter For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this motorcycle sales and repairs business for sale situated in Exeter, Devon. The business was established in 2002 and has been in the careful ownership of our client since 2004. During this time our client has expanded and moved the business to its current larger site. The business specialises in trail bikes, road bikes and off road machines at unbeatable prices, as well as stocking a vast selection of pre-owned bikes. Our client also has the exclusive concession for Chinese motorcycles and scooters, for a 7 mile radius. Due to our client's buying power, he is able to under cut all the competition, whilst still retaining a healthy profit. This also applies to the comprehensive range of accessories, helmets and clothing. The business is also a main agent for Tamachi, UFO and Axo. Greenlane Motorcycles also offer a full servicing and repair facility and have just been accepted by VOSA as an MOT station, for which there is great demand, offering a new owner tremendous potential to increase turnover dramatically. It is only now being offered to the market due to our client's wish to retire and early viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining length: 8 years
Review every: 5 years
Rent: £12,000 per annum

Living accommodation:

Property Details A lock-up, light industrial unit situated on a major trading estate, briefly comprising: Ground Floor • Main showroom with capacity for 60 motorcycles • Office and reception area • Fully fitted workshop with 2 ramps, workbench, tyre changing equipment, compressor and MIG welding equipment • Ladies and gents W/Cs • Kitchen area First Floor • Mezzanine level with accessories, clothing and helmets • Sales counter with electronic cash register • Changing room • Store room • Office space currently used for storage External • Forecourt with standing for 15 motorcycles

Location:

Greenlane Motorcycles is ideally situated on Alphin Brook Road, one of the main roads in and out of Marsh Barton Trading Estate. The estate is a mixture of retail, industrial and office units and is renowned for having the largest collection of motor vehicle businesses in Europe. Due to its location, the business benefits from a high degree of passing trade and is also just a quarter of a mile from the main Honda motorcycle dealership. The trading estate is located on the edge of Exeter, just off the A30 trunk road, which offers access to the M5 motorway. Exeter is a bustling and thriving city with a growing population providing the business with an excellent client base.

Other information

Trading hours:

Mon - Sat: 9.00am - 6.00pm Sun: 10.30am - 4.30pm