Cycle Shops for sale in Penzance

View the "Established Bicycle Specialists in West Cornwall" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Established Bicycle Specialists in West Cornwall

Penzance, Cornwall, England

  • Leasehold Price: £1  Price Reduced arrow_drop_down
Seller Reference: B37653
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Business Description
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Seller Reference: B37653
Request Details
Business Description
Retail sales and repairs
Stockists of Genesis, Trek, Ridgeback and Saracen
Assignment of existing lease
Location Details:
The Cycle Centre occupies a secondary trading position on New Street, just a short walk from Market Jew Street, which is the principal thoroughfare within the vibrant Harbourside town of Penzance. Penzance is the largest town within West Cornwall with a resident population of approximately 20,000 and is a popular destination for tourists year round owing to its proximity to a number of well known land marks including St Michaels Mount and Lands End. Penzance is the termination point for the South West rail link to London Paddington in addition to being the departure point for the Scillonian Ferry which services the Isles of Scilly.
Leasehold Term:
The existing lease is shortly due to expire but our client has agreed that a new 4 year lease will commence on the 5th August 2018 at a commencing rental of £13,500 per annum. We are advised that it may be feasible to negotiate a longer lease with the landlord, if required by a new tenant.
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