Skip to main content Skip to footer

Retail premises for sale

£20,000

Unit 3 Arncliffe Buildings, Yarm TS15

Interested in this property? Call +44 1204 351867 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business
Hilton Smythe welcomes to the market Yarm Cycles. The business was originally established in 1977 and was taken over by our client in 1979. Our client has run the store to an exceptional standard but is now looking to sell, due to the desire to take a well-deserved retirement.

The business runs as a bicycle retailer, offering accessories, repairs and maintenance. The store stocks a variety of purpose built bikes, this includes mountain bikes, road bikes, children’s bikes and electric bikes. The store is also a main independent dealer for Giant branded bikes in Teesside.

Products can be bought in store or via the e-commerce website. () This is a great site that lists all products available. The site is also easy to use and looks presentable.

The business generated a turnover in the region of £94,000 as of the 2015 accounts, with a gross profit of 27%. This is a good turnover, with potential to increase this figure. We feel the purchaser could look to extend opening hours and open 7 days a week. This would maximise the amount of custom each day.

The store already has a Facebook page which has over 80 followers. We feel with further marketing and advertising the business could benefit from more trade from surrounding towns. The shop is well-known in Yarm and receives a generous amount of repeat loyal trade from locals that live in the area.

This is a fantastic Leasehold opportunity that would be perfect for a husband and wife team, or partnership. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Yarm Cycles is located in Yarm, County Durham.

The business is situated in a residential location, to the back of the main high street. The high street is a bustling location with a plethora of retail outlets. The bike shop receives much of its trade from the locals and benefits from great on street parking facilities. The shop is amongst some industrial style units, which attract trade to this location.

Yarm is a market town with the River Tees flowing through it. Yarm is a scenic town with lots of character and history. There are several landmarks including Yarm Viaduct and the 18th century town hall.

The town has great public transport with bus stops within walking distance and a train station approximately 1.2 miles away. Durham Tees International Airport is also close by. The A66 and A19 run either side of the town, these major a-roads connect to the national motorway networks.
Premises
Yarm Cycles is situated in a large unit. The property is well-signed this is clearly visible to passing trade.

To the front of the shop is the serving area, with till and card payment machine. The repairs workshop is also in this area with some shelving for the retail accessories and storage for the workshop. Across from the till area is a toilet, kitchen and changing room.

From the serving area, the shop opens into a large open plan retail area with display stands, and shelving for the bicycles and accessories. Centre displays fill the room. To the rear, a wall has been built which offers storage behind for packaging.

Equipment included in the sale includes: -

Compressor

Workbench

Tools

Till

All fixtures and fittings

Display stands

Retail shelving
tenure
We are advised the business is being sold as a Leasehold opportunity.

New lease available to negotiate.

Rent: £8,500 per annum.
Hours
The business opening hours: -

Monday: Closed

Tuesday: 10am – 5:30pm

Wednesday: 10am – 5:30pm

Thursday: 10am – 5:30pm

Friday: 10am – 5:30pm

Saturday: 9am – 5:30pm

Sunday: Closed
staff
The business is run and managed by our client and their partner.
Financial profile
The business generated a turnover in the region of £94,000 as of the 2015 accounts, with a gross profit of 27%.

What Zoopla users think of Yarm

Overall rating:

  • currently 4.5 stars
Very good - 89% (24 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Yarm:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Allens West (1.0 mile)
  • Yarm (1.1 miles)
  • Eaglescliffe (1.4 miles)
  • Durham Tees Valley Airport (2.9 miles)
  • Newcastle Airport (38.9 miles)
  • Leeds Bradford International Airport (46.2 miles)
  • Transporter Bridge South Side (7.3 miles)
  • Transporter Bridge North Side (7.4 miles)
  • Newcastle International Ferry Terminal (33.6 miles)

Nearby schools

View all schools in Stockton-on-Tees
  • Egglescliffe Church of England Voluntary Controlled Primary School (0.3 miles)
  • Yarm Preparatory School (0.5 miles)
  • Yarm Primary School (0.8 miles)
  • Stockton Riverside College (4.3 miles)
  • Cleveland College of Art and Design (5.4 miles)
  • Middlesbrough College (7.1 miles)
  • Yarm School (0.3 miles)
  • Egglescliffe School (0.5 miles)
  • Conyers School (1.0 mile)
Note: Distances are straight line measurements

Local info for Stockton-on-Tees

About the neighbours in TS15

AskMe Q&A for Stockton-on-Tees

Ask a question

See all AskMe Q&A in Stockton-on-Tees

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

Contact Hilton Smythe Commercial about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

21 more properties like this

View all West Street commercial property for sale