Freehold Bicycle Shop For Sale

Business description

Description:
Well known and respected bicycle sales and repair business complete with a large property with accommodation and gardens.

Premises Details:
This is an attached freehold/leasehold property complete with a large ground floor shop, workshop and storage. The residential property is spacious and has 4 bedrooms, large gardens and private access.

Planning Consent:
A1 retail.

Property information

Property:

Freehold

Lease terms:

The business is available as a lease proposition ( including accommodation) The rent will be circa £16,000 pa on a ten year lease.

Living accommodation:

This is a spacious family home, complete with lounge, dining room, modern kitchen ground floor toilet facilities and 4 bedrooms ( 3 double and 1 single) and a large family bathroom. If the accommodation was not required there is an option to rent it out and realise a substantial monthly income.

Location:

The business is situated on a busy road on the outskirts of the local town centre.. The adjacent road network services two supermarkets and two large residential areas ( one of which is due to be expanded). There is lots of street parking.

Business Operation

Reasons for selling:

The owner has been involved in the business for 30+years and now feels it is time for a change, he believes that the business would flourish in the hands of someone with more of a passion for cycling and who would could introduce new initiatives and perhaps be more active in the strong local cycling ( road and off road) community.

Years established:

1976