• A LONG ESTABLISHED RETAIL BUSINESS UNDER THE SAME OWNERSHIP FOR THE

Price:

Freehold - £99,950

Seller Ref:

B34259

Location:

Cornwall, Camborne

Business Type:

Corporate Businesses, Retail businesses

See Other:

Cycle shops for sale in Cornwall
Miscellaneous businesses for sale in Cornwall
Retail businesses for sale in Cornwall
Corporate businesses for sale in Cornwall

Description:

THE BUSINESS:

• PROMINENT FREEHOLD PREMISES IN A SPECIALIST QUARTER OF A MAJOR
WEST CORNWALL TOWN
• GROUND FLOOR RETAIL SALES AREA WITH A FITTED SALES COUNTER & FURTHER 1ST FLOOR RETAIL/STORAGE
• CURRENTLY TRADING UNDER THE RALEIGH “CYCLE LIFE“ BANNER
• HUSBAND & WIFE OR FAMILY RUN OPERATION
We understand that Aldridge Cycles was established in 1975 and our client has traded the business for the last 23 years. The business trades under the Raleigh “Cycle Life” banner and specialises in the sales of bicycles up to around £500 in value whilst offering accessories, spares and a repair service. The business trades throughout the year opening 9.00am to 5.30pm Monday to Friday and 9.00am to 5.00pm on Saturdays with the assistance of one part-time member of staff. The trading profit and loss accounts for year ended 31st March 2009 showed a turnover approaching £55,000 producing a gross profit of 48%. In the normal manner, further accounting information will be made available to prospective purchasers subsequent to a viewing appointment.

Briefly, the property comprises a ground floor retail/showroom with a fitted stock sales counter, a small repair area and staff cloakroom. On the 1st floor a further sales and store area with access to a small office.

Location Details:

The broad fronted freehold property enjoys a prominent trading location in Cross Street, Camborne, amongst other retail, professional and catering businesses.