Well Established Bike Shop In Cheshire For Sale

Business description

WELL ESTABLISHED BIKE SHOP - CHESHIRE
Advised turnover of £118,606pa with 35% gross profit
Situated in the affluent town of Knutsford, Cheshire
Low annual rent of £14,000 pa
Shop offers full repair service
Honeypot trading location
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this well established, well known cycle and repair shop. The business was established in 1990 and has been in the careful hands of our clients since 2000. The only reason the business is being offered to the market is due to our clients strong desire for retirement. The shop is well fitted and fully equipped to suit this style of business with high end products and a fully operational repair centre. The business benefits from an excellent reputation and sees high numbers of repeat custom and the superb trading position also gives the business a very high level of pasing trade. Our client is generously including all fixtures and fittings into the sale price which means any new owner will not have to spend additional funds for the foreseeable future. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest in this very long standing business.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Rolling lease
New lease to be negotiated
Rent: £14,000pa

Location:

This attractive opportunity is situated on one of the main shopping streets in the desirable and affluent town of Knutsford which is in the county of Cheshire. The shop is highly visible and stands within a terrace row of complimentary businesses. Knutsford's proximity to Manchester has both now and historically helped it become a commuter town for those employed in Manchester. Today the town's location gives it easy access to Merseyside as well as Manchester. This concern is perfectly positioned on King Street which has an entrance to the famous Tatton park. The park itself attracts thousands of visitors each year.

Premises details:

Well presented ground floor shop with large front display window, secure entrance, open plan large retail space, private storage areas with office, toilet with wash basin, external small courtyard area with secure workshop and lower floor bike showroom, briefly comprising;

GROUND FLOOR
Large glass fronted shop with main secure entrance door leading to large open plan shop retail space with wall fixed shelving and racking for product display, wall fixed organiser hanging system, bike display area, rear serving payment/reception area, glass fronted display cabinet, cash register and additional rear wall display space.

Separate repair and work/storage area with storage racking, secure door to private areas, wash basin, storage space, toilet with wash basin, office with desk and door leading to small courtyard with rear access.

ADDITIONAL FLOOR
Stairs leading down to large showroom with bike displays and shelving.

EXTERNAL
Free roadside parking.

Business Operation

Trading hours:

Monday: Closed
Tuesday: 9:30am - 5:30pm
Wednesday: 9:30am - 5:30pm
Thursday: 9:30am - 5:30pm
Friday: 9:30am - 5:30pm
Saturday: 9:30am - 5:30pm
Sunday: Closed