Bicycle Shop For Sale - Costa del Sol

Ref.
SP5856L
Asking Price
85,000 EUR ( £70,686) *
Business Type
Bicycle Shop
Region
Costa del Sol
Build
50m2
Plot
50m2
Type of Purchase
Leasehold
Lease Term
2 years remaining, new lease available for new owners
Monthly Rent
€780
Interior Size
50m2
Terrace Size
10m2
Years Established
2007
Parking
1 reserved space
* Prices in sterling may change according to exchange rates

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Asking Price - €85,000 (Leasehold)

• Established Bicycle Shop
• Sales - Service - Repair - Hire
• Town Centre Location
• €30,000 Stock INCLUDED in Asking Price
• Family Commitments Force Reluctant Sale

Opening hours -
Monday - Friday - 09.00 - 14.00 & 17.00 - 21.00
Saturday - 09.00 - 14.00
Sunday - Closed

Ground floor -
Positioned on corner of parade with floor to ceiling glass to front aspect (approx 16´across) Same again to right hand side with double entrance doors behind and 2 additional glass window (approx 12´across) further behind.

Internally - Freestanding/wall & ceiling mounted bicycle display areas to front with serve over cash counter behind & opposite entrance doors. Sales area behind with display of accessories/parts & consumables. Workshop area including bench/tools etc. Staff WC further behind.

Terrace to right hand side used for display of bicycles for hire.

Additional storage facility across road available separately at 25€/mth. Sign written delivery van (Citroen Berlingo 2004 Model) included in sale but will be paid separately. All stock included in sale price.


Within three short years, our client has established and developed an outstanding reputation using the traditional values of quality, value for money and by offering an unrivalled level of customer service. The showroom allows customers an amazing choice of almost 100 new bicycles with everything from kids first bikes to professional cycles suited to the most serious rider - and with prices to suit all budgets. This is backed up by a comprehensive range of accessories and spare parts, a service department and a hire department that often struggles to keep up with demand throughout the busier holiday periods.

Located on the main "High Street" through one of the Costa del Sols busiest year round resorts that enjoys over 300 days of sunshine each year and where for many, cycling remains an extremely popular hobby or pursuit throughout all seasons, this business is relatively unopposed. Prime position - on a corner plot, opposite the post office, surrounded by hotels, apartments, restaurants and other retail outlets and supermarkets, it benefits from very high levels of passing trade that supplement those that already know of it’s reputation. Unusually for a town where parking is at a premium, there is a private car-park adjacent for customers that are either unable or choose not to take advantage of the courtesy delivery and collection service that is offered using a fully signed written and liveried Citroen van. Language skills are not required! This business serves massive Ex-Pat community as well as the growing multi-national population and holiday trade made mostly of Scandinavians and other Europeans - many of which speak good English - as do the Spanish customers. One of many ways in which the business remains at the head of the industry throughout the region is our clients involvement in the local cycling community, particularity its annual awareness day, which is always well supported as the group continue to push for an established cycle route throughout this and neighbouring towns.

Supported by a very experienced mechanic - who would be prepared to remain for new owners - this is an easily managed business which is priced to sell. All stock, which we believe to be worth around €30,000 is included. Sadly, the vendor has commitments back home that force this sale. At the same time, any offers will have to be very close to the asking price which we feel is very realistic. Potential for further expansion exists and new owners might want to fully exploit the hire market with the development of relationships with hotels, tour operators and apartment owners. Additional storage in a secure unit opposite which is currently used by the vendor would also be available under separate negotitation although similar to this shop would be at an extremely competitive rental price given its excellent location.

Viewing Arrangements

Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor’s agents RTA.

RTA will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.

Photos

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