Motorcycle Sales Repair And MOT Business For Sale

Business description

Bag a Business Ltd is delighted to offer to the market Spike Island Motorcycles. This highly regarded motorcycle garage was established in 1995 and has been in our client's careful ownership since 2002. The business is the only Royal Endfield dealership in Hampshire and it benefits from a Peugeot scooter dealership. Spike Island Motorcycles also carries a comprehensive stock of quality used motorbikes and scooters and has an excellent reputation within the area. Sales of accessories including helmets and clothing are very successful, as are the fully fitted workshops, which offer services and maintenance, as well as a dedicated MOT bay. Currently the turnover is approximately £255,950 per annum, achieving a gross profit of 36.32%. Our client employs two full-time staff members, both of whom are MOT testers. Spike Island Motorcycles is run at a pace to suit our client, therefore offering new owners vast potential to increase trade through proactive marketing, increasing the used stock and updating the website. The business further benefits from a large five bay storage area, which is currently unused and is ideal for further motorbike displays. This is a unique opportunity to acquire a well-established and highly regarded business. Early discussions with Bag a Business Ltd must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold (ongoing with network rail)
Review every: 6 years
Rent: £15,025.32 per annum

Living accommodation:

PROPERTY DETAILS Detached showroom and workshop occupying approximately 1,052 sq. yards, briefly comprising: GROUND FLOOR . Showroom diplaying 30 motorcycles, clothing and accessories . Service counter with electronic cash register . Parts storage area . Large office . Two man workshop housing 2 ramps and fully equipped . Further dry storage area with six bays - suitable for a number of uses including bike storage or showroom EXTERNAL . Forecourt for approximately 25 motorcycles . Car parking for 10 vehicles

Location:

Spike Island Motorcycles occupies a prime trading position on the main A335 Southampton Road, which is the main arterial road into Eastleigh from the M27 motorway and therefore enjoys a high degree of passing trade. Spike Island Motorcycles is just a three-minute walk from the High Street with its excellent Swan Centre, shopping centre and town centre car parks. Southampton International Airport and Eastleigh Parkway mainline railway station are just ¾ mile away on the A335. Eastleigh is a vibrant and bustling town in the beautiful county of Hampshire, located just five miles north of the South Coast city of Southampton. It enjoys excellent road links and is easily accessible from junction 5 of the M27 or junction 14 of the M3 motorway.

Other information

Trading hours:

Mon - Fri: 9.30am - 6.00pm Sat: 9.30am - 5.00pm Sun: Closed