Business for Sale in LANGPORT, Somerset CYCLE SALES, SERVICING, REPAIRS & HIRE

Leasehold Price £24,500

Key Information

Reference
CY36115X
Tenure
Leasehold
Status
For Sale
Region
Somerset
Sector
Cycle Shops
Annual Sales
£60,812.00 Exc. VAT
Accommodation
No

Business Information

Uniquely positioned CYCLE SALES & CYCLE HIRE STORE, also undertaking servicing and repairs, occupying attractive setting within the SOUTH SOMERSET town of LANGPORT, the heart of the SOMERSET LEVELS, with both TAUNTON & YEOVIL within easy reach. Enjoying easy access, next to a renowned bakery/café, a popular stopping off point for cyclists and walkers, lying on the banks of the River Parrett and start of the Parrett Trail.

Modern immaculately presented premises, very well equipped, includes electrically operated cycle stand recently installed at substantial cost, and comprehensive range of tools. Provides open plan cycle/accessories display and 2 cycle repair workstations, reception/service counter, outside display area, with easy car parking close by. Enjoying very favourable overheads, rent just over £80 per week, and zero business rates payable.

Established business trading within the town for nearly 10 years, moving to the current premises in 2019 which has proved a considerable success. Retailing a wide range of cycles and accessories, also offering cycle hire with quality fleet maintained, in addition to servicing and repair, being an approved Bosch Service Centre. Operated on a lifestyle basis, 5 day week, Sales 2023 £60,812, strong following by quality local clientele.

Leasehold £24,500 sav, Ref: CY36115X

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