A highly successful bike repair and retail business located in the sought-after cathedral city of Exeter, Devon. This business has been owner operated successfully for many years with full and part time assistance. Situated in a prime location, taking advantage of high passing vehicle traffic and foot fall together with short-term parking outside. The business benefits from large display windows to front with large retailing area together with a further 2 retails area to rear, kitchenette and well-equipped work shop. Selling both new, second-hand, high end specialist, electric bicycles and excellent contacts / agreements supplying many blue-chip customers with “cycle to work scheme”. Early viewings are highly recommended.... Location
Situated in Exeter which is seen to be the Jewel of the southwest and being a very prosperous city with much disposable income as well as having a 1st class University, several top 100 companies hq together with an International airport, main-line railway, M5 motorway and only short driving distance to the sandy beaches of Exmouth/Torbay and Dartmoor national park. Business
The business has been nurtured successfully over many years which is demonstrated by an impressive turnover and subsequent net profit. The shop enjoys a prime trading location together with sought after enviable brands, thriving second hand trade and a reputed repair service. Lately the electric market and cycle to work scheme has been growing which the shop have embraced which is proving lucrative. Actual trading figures will be made available following a formal viewing. Accommodation
Entrance through recessed door to:
Retail area 1 9.12m x 5.02m An ideal retail space for a large selection of bikes together with large floor to ceiling windows to front, rubberised flooring, above-door heater blower, slat board walls, bespoke counter with till, pdq, ample work top space, built-in store cupboard, CCTV camera, promotional wall with an array of competition jersey’s.
Retail area 2 3.35m x 2.53m A further retailing area with large wall mounted tv-screen, rubberised flooring, shelving for products, CCTV camera system & monitor. Kitchenette
A newly installed modern kitchen with, rubberised flooring dishwasher, microwave oven, coffee machine and an array of wall and base fitted units with inset single stainless-steel sink & drainer. Retail / store
6.10m x 2.97m This area is for the general storage of both second hand and new bikes with both floor and elevated display. Workshop
5.69m x 2.97m A comprehensively equipped workshop with air compressor, several bike prep-stand and an amazing selection of specialist tools for most brands and situation. To the rear a safety proof door which leads out to rear private lane. Outside
To the front a wide splayed pavement which could double up for further display on a sunny day or practise rides and to the rear a private concrete lane which again one could test bikes, receive deliveries and parking for the owner. Services
Mains electricity, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Ware Commercial Business rates
Please make your own enquiries on the local Valuation Website (voa) at Tenure
Leasehold Ingoing tenant to pay landlords reasonably incurred lease set up/transfer fees Viewings
Please contact the agents for an appointment to view this property Tel. Email Website:
Newton Road Retail Park, Newton Road, Newton Abbot TQ12
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