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Advert Details

Freehold Property With Option To Purchase Cycle Shop For Sale

(Ref: H741)

Leeds, West Yorkshire, United Kingdom

Financials

Asking price: £180,000

Sales revenue: £75,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
The business deals with the sale of cycles plus a very busy trade in parts and accessories together with repairs. In addition there is a key cutting service which generates income and provides foot fall.
The business is situated on a main road near the very heart of the community and there is free on street parking immediately outside the shop.
The flats are easily let in view of the location and provide a strong regular income.
There is huge potential for Sunday and an evening opening together with scope for additional trading lines.

• Good central location
• Spacious Premises
• Good income from accommodation
• No staff problems
• Good potential for increase

Employees: 1 Vendor only

Trading hours: 09.30 am – 5.00 pm ( 6 days) Closed Sunday

Property: Freehold


Living accomodation
There is a separate entrance to two first floor flats. Each consists of a living room, kitchen, 1 bedroom and bathroom. The flats are let off at £320 per calendar month on a short-hold tenancy basis.

Location
The business is situated on a main road near the very heart of the community and there is free on street parking immediately outside the shop.

Reasons for selling
Other business interests


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