Cycling & Skateboard Retail Shop In A Prime High Street Location for Sale
Leasehold : £ 100,000
The premises are leasehold with a 5 year renewable lease. The square footage is circa 800 sq. ft and includes a shop floor, stock room and office area with a large safe.
Cycling & Skateboard Retail Shop in a prime High Street Location
Location : Hertfordshire
Asking Price : £100,000 + SAV
Extremely well established cycling and skateboard shop, owned by the present Husband & Wife team since 2016. The business is in a prime high street location, being one of the main thouroughfares in this busy and popular Hertfordshire Town and well positioned among other popular retailers with established clientele. Conveniently located at 25 min train from central London, in close proximity to many well established residential areas and other new residential & large developments provides an excellent and growing customer base.
Well known in the locale for the wide selection of products, from recognisable road & off-road leisure bikes to electrically assisted bikes, including tricycles. The business benefits from unopposed competition and dealership agreements with many prestigious Brands. As well as bikes the business has a growing following with the local skateboarding and stunt scooter communities and is a real destination location for young and old enthusiasts to visit for boards, parts, accessories and repairs with its fully equipped workshop with approved Bosch ebike Dealer and Bosch Certified ebike Service Centre credentials.
||Monday – Friday : 10:00 – 17:00
Saturday: 10:00 – 17:00
||The Company currently employs 3x Staff:
• 1x Managing Director (Vendor)
• 1x Sales Assistant (working at the shop, part-time, Saturdays)
• 1x Marketing Assistant (working from home, part-time, 8 hours/ month)
||Rent is currently £875.00 /month
The lease contract is due for renewal in 2023