For Sale
Highly Respected Motorcycle and Scooter Service and Retail Centre
Leicester, Leicestershire
- Asking Price: £25,000
-
Turnover:
We are advised the business is currently turning over in the region of £70,000 per annum.
- Tenure: Leasehold
CoGoGo welcomes to the market J and C Motor Cycle Services.
The business has been operated by the current owner for over 11 years and is well entrenched in the biker community with the current operator having an extensive database of customers going back many years.
The business services and repairs all makes of motorcycles and scooters as well as having motorcycles for sale in the adjacent showroom along with leathers, accessories and ancillary equipment. The current owner is looking to move away and is offering the business for sale to include all the necessary kit and equipment for the business to remain trading in its current format.
The site has the space to expand further and with the introduction of an MOT service bay could considerably increase turnover and income.
The business offers the opportunity for an enthusiast or an individual looking for a change of direction and a new challenge to build on an already established business and take it to the next level. The site is in the right location and has the capacity to grow further, an opportunity not to be missed.
The business is run and managed by the current vendor
The opening hours are currently: -
8.30am to 5.30pm Monday to Friday (closed on a Wednesday and Sunday)
8.30am to 12pm on a Saturday.
Situated along the busy High Street in Barwell, Leicestershire, the site is easily accessible with parking to the front and side of the premises.
Barwell is a busy village and the site is well established within the biker community, the site can easily be found through all the local road network links as well as having a regular bus service pass the front of the premises at regular intervals.
Situated on the ground floor in a row of terraced shops the site benefits from a side access with parking and secure roller shutter doors.
Main show room with separate back office. To the side is the trade counter, a further office with WC. A store room housing spares and stock which leads out to an additional workshop (which could house the MOT bay) through to the roller shutter doors and external parking area.
All tools and equipment necessary for the operation of the business including work benches and storage racks, shelving, display racking and tool boxes including tool kits are included.
Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £750 PCM.
The business has 4 years left on a 10-year lease.
There are no rates payable on the business.
Enlarge Map
Looking to sell a similar business?
Find out moreNeed help with finance to purchase this business?
Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Finance Calculator
Powered by Hilton Smythe
Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
