Cycle Store Offering Sales, Services, Repairs and Hire in Langport Somerset for Sale
Langport, Somerset
- Status
FOR SALE
- Advert ID
612690
- Reference
CY36115X / Rightbiz
- Call Agent:
- Leasehold: £24,500
- Turnover: £60,812 (£1,169 Per week)
- Net Profit: Not Applicable
Business Details
CYCLE SALES, SERVICING, REPAIRS & HIRE
Uniquely positioned CYCLE SALES & CYCLE HIRE STORE, also undertaking servicing and repairs, occupying attractive setting within the SOUTH SOMERSET town of LANGPORT, the heart of the SOMERSET LEVELS, with both TAUNTON & YEOVIL within easy reach. Enjoying easy access, next to a renowned bakery/café, a popular stopping off point for cyclists and walkers, lying on the banks of the River Parrett and start of the Parrett Trail.
Modern immaculately presented premises, very well equipped, includes electrically operated cycle stand recently installed at substantial cost, and comprehensive range of tools. Provides open plan cycle/accessories display and 2 cycle repair workstations, reception/service counter, outside display area, with easy car parking close by. Enjoying very favourable overheads, rent just over £80 per week, and zero business rates payable.
Established business trading within the town for nearly 10 years, moving to the current premises in 2019 which has proved a considerable success. Retailing a wide range of cycles and accessories, also offering cycle hire with quality fleet maintained, in addition to servicing and repair, being an approved Bosch Service Centre. Operated on a lifestyle basis, 5 day week, Sales 2023 £60,812, strong following by quality local clientele.
Leasehold £24,500 sav, Ref: CY36115X
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813952.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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