For Sale Bicycle Leasehold Business Retail Shop Opportunity on Margate Main Road

Discussion in 'UKBF Marketplace' started by UKMOS TRADING, Mar 27, 2021.


    UKMOS TRADING UKBF Newcomer Full Member

    9 0
    This is an Amazing opportunity to acquire an established cycle business in the heart of Margate situated on a busy main road. It is an ideal offer for a buyer who already has knowledge in this industry or for one who simply is a bike enthusiast who wants to invest and take advantage of the current cycling trend which is experiencing an unprecedented boom. We have built and achieved so much in this business in the last few years and yet there is so much more potential to grow the business much further, which we have not been able to do due to our impending retirement. With a good plan, the buyer can consider adding the following lines, as they all currently have great demand.

    - Refurbished bikes
    - E-bikes, E-scooters and Mobility trikes
    - Bicycle rentals for the coming Summer season.

    The shop with its own unique design and set up comes with all fittings, CCTV system,
    inventoried stock list and a well equipped repair workshop with high end branded tools. The shop floor has an area of 1450ft2 (Approx) which makes it eligible for ‘Small Business Rate Exemption’. It also has a small basement for extra storage. To the rear of the shop, there is vehicle access for loading/unloading and a vehicle parking bay.

    Shop also has well designed sections/Areas such as: Front Showroom, Bicycle Workshop Repair, Office Equipments Area, Amazon/Ebay Packing Area and Storage area. Hence it offers potential for both online and retail selling.

    This is an open 5-year renewable lease which is readily assignable to a new tenant. The current Rental lease amount is £11,000 annually.

    Drop-Down Quick Sale Price: from £45,000 to £25,000. Must be Serious buyer (No Time Waster) . Ready-Made Business Opportunity with no nearby competition,
    and with high potential.

    For more information, Call 07930 532813 / 079O3961766 or Chat with Me
    Posted: Mar 27, 2021 By: UKMOS TRADING Member since: Mar 24, 2021