Performance Motorcycles Sales Repairs MOT For Sale

Business description

Advent Business Sales are pleased to offer for sale, this well established and profitable Performance Motorcycles and repairs shop.

It has been in our clients hands for the past 32 years and has now been placed on the market because of their wish to retire.

The business provides sales and repairs of High quality used motorcycles as well as sales of parts and accessories. New motorcycles are available on order.
MOT repairs and servicing is also available.

Our client has built a formidable reputation in this field, and has formed an extensive clientele list including overseas customers, via the website and local advertising.

There is a 600 sq ft workshop to the rear which is currently occupied by an independent mechanic who rents from our client. This has benefited both businesses as trade has been passed from one to another over the years.

This agreement will still remain as the contract is with our client and not the potential new vendors.

We have been advised that the value of stock is £70,000.
ref:8458LE

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: New lease to be negotiated
Remaining lease:
Review every: 3 years
Rent: £8,250

We are advised that the annual business rates are currently: £3063

Location:

Our client is situated in an affluent residential suburb of Leicester on a parade of shops.

The business benefits from high levels of passing traffic as it is situated on a busy main road which links very close to Leicester City Centre.

Other information

Expansion potential:

Although already a well established business, there is further potential to increase turnover, should the range of stock increase.

The new vendor could also look at increasing trading hours which would also increase footfall.

Trading hours:

Mon – Tue: 9.00am – 6.00pm, Wed/Sun Closed, Thurs - Sat: 9.00am – 6.00pm

Financing available:

Please let us know if you require finance for the purchase of a business.

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