Cycle Shops for sale in Birmingham

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Wonderful leasehold cycle shop

Birmingham, Warwickshire, England

  • Leasehold Price: £35,000
  • Annual Turnover: £70,000
Seller Reference: CB0199
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Business Description
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Seller Reference: CB0199
Request Details
Business Description
• Wonderful leasehold cycle shop
• Established 1950 – owned 1969
• Good reputation – well known
• Prime trading location
• Sale price includes all fixtures and fittings
• Genuine retirement sale
• Ideal lifestyle change opportunity
• T/O £70,000 pa, Rent £800 pm

Occupying a prime trading location on the main high street in Coleshill, Warwickshire, the business is surrounded by a multitude of retailers, banks and local businesses. The highly desirable and affluent market town of Coleshill is 11 miles from the city of Birmingham and has excellent ‘A’ road access to the rest of the Midlands, M6 and M42 motorways.

Chaplin Bond are delighted to be able to offer Gascoigne Bros. Cycles, established since 1950 and owned by our client since 1969, who has now decided to retire. Offering cycle sales, service and repairs, the business has built up a fantastic reputation, locally and further afield within the cycling community. Our client achieves a respectable T/O of £70,000, with rent payable at £800 per month, and is generously including all fixtures and fittings in the sale price. This would make an ideal first business and lifestyle change opportunity. Early viewing is highly recommended.

Property Details
• Main high street location
• Mid-parade
• Local FOC parking
• Double glass fronted
• Well signed
• Open plan showroom area
• Fixed & free standing displays
• Serving / payment counter
• Rear office area
• Workshop area
• Open plan work space
• Tool storage
• Bike storage area
• Access to rear yard and garden area
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