A fantastic opportunity to acquire one of the South Wests longest established Motorcycle dealerships. The business is available on either a leasehold or freehold basis and achieved a turnover of in excess of £1.6m for the last financial year.
Cornwall Kawasaki is situated in a prominent position on the busy A393 between the towns of Falmouth and Redruth.
The business has been established for some 40 years having previously traded as Keith Parnell's Motorcycles which was acquired by our current clients approximately 14 years ago. The business continues to be ranked amongst the top Kawasaki dealerships within the United Kingdom based on sales, customer service levels and market share and our clients have exclusive rights for Kawasaki within the County.
Our clients oversee the day to day running of The Cornwall Kawasaki Centre with the assistance of several highly skilled and experienced full time staff and a full hand over/training package will be included at the point of sale. The business is concerned with the sales of new and used motorcycles in addition to offering a comprehensive range of after care services from their workshop including mot's. They also stock an extensive range of protective clothing, helmets, parts and accessories that are available to purchase in store or online.
Turnover for the year ending 31st May 2019 was £1,677,767.27 with full accounting information being made available subject to a viewing appointment in the usual manner.
For further information about the range of products and services currently offered please visit our clients website
16m x 15.3m. Well presented open plan show room with space for up to 100 motorcycles although we are advised that the usual stock holding is in the region of 80 units. The showroom benefits from non-slip flooring, desks, commercial heater, vending machines and a staff/customer WC.
3.44m x 3.71m. Windows and door to front elevation, office furniture and computer.
10.6m x 6m. Roller door, 3 Hydraulic Motorcyle lifts, semi automatic tyre changer, assorted work benches, extensive array of tools, diagnostic machine, staff WC and stairs to parts store.
5.55m x 5.50m. Floor to ceiling shelving and racking with a window to the side elevation.
9.69m x 5.52m. Comprehensively fitted with a range of fixed and free standing clothes railing, adjustable wall mounted shelving system, helmet display units, service counter with till, customer wc/changing room.
To the rear of the building is a gated compound for staff parking etc, located within this area are 2 shipping containers which are accessible from the main showroom that provide useful secure storage in addition to housing the Compressor unit.
The premises are available on a freehold basis at a guide price of £775,000 plus stock at valuation.
Local authority Cornwall Council General Enquiries Planning
Energy Performance Certificate
The Energy Performance Rating is within Band C55.
An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.
We refer you to the government website
Prospective owners should make their own enquiries of the appropriate statutory undertakers: Western Power: South West Water: Transco:
To be taken at valuation and is in the region of £300,000.
Value Added Tax
All the above prices/rentals are quoted exclusive of VAT, where applicable.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.
For further information or an appointment to view please contact:- Paul Collins on or via email
Plans: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.
Agents note: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.
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viewing: Strictly by prior appointment through Miller Commercial.
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Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.