Property photos
Business
Leasehold
£45,000
Retail premises for sale
Paignton, Devon TQ3Local area information
Property location
Nearby amenities
- The Brunel Academy 0.3 miles
- Preston Primary School 0.6 miles
- Paignton 0.9 miles
- Torquay 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Paignton to find out more about the local area.
Features and description
- Leasehold
Respected cycle servicing & repair outlet, also offering cycle sales & accessories, situated in desirable torbay resort on the south devon coast. Occupying high profile, easily accessible, main road trading position within sought after busy shopping parade, which is also host to national retailers. Situated a short distance from famous sandy beaches, attractions, and holiday accommodation, bordering popular residential areas with very limited competition in the area.
Fantastic premises presented and fitted out to the highest of standards at considerable cost, deceptively spacious, occupying a substantial site. Benefiting from substantial glazed double frontage, attractive retail area, immaculate workshop complete with pneumatic bike work stands, storeroom & cloakroom. Large self-contained flat above, offers sitting room with sea glimpses, kitchen, 2 bedrooms, bathroom. Masses of outside space, south facing roof patio also with sea glimpses, single garage, parking for 5/6 cars. Favourable overheads, rent for whole property £883 per month, currently receiving £800 per month for flat, zero rates.
Established business approaching 15 years, benefiting from being a Bosch Service Centre, drawing trade from a wide catchment area with a great deal of regular and repat custom ensuring ample work in hand at any one time with a variety of service plans offered. Income 2024 £137,167 ex Vat, Gross Profit £87,865, low overheads ensuring a profitable business, especially to owner operators. Offers excellent foundations to build on current levels of successful trade through attending events and linking up with clubs.
Leasehold £45,000 sav, Ref: CY36297N
Fantastic premises presented and fitted out to the highest of standards at considerable cost, deceptively spacious, occupying a substantial site. Benefiting from substantial glazed double frontage, attractive retail area, immaculate workshop complete with pneumatic bike work stands, storeroom & cloakroom. Large self-contained flat above, offers sitting room with sea glimpses, kitchen, 2 bedrooms, bathroom. Masses of outside space, south facing roof patio also with sea glimpses, single garage, parking for 5/6 cars. Favourable overheads, rent for whole property £883 per month, currently receiving £800 per month for flat, zero rates.
Established business approaching 15 years, benefiting from being a Bosch Service Centre, drawing trade from a wide catchment area with a great deal of regular and repat custom ensuring ample work in hand at any one time with a variety of service plans offered. Income 2024 £137,167 ex Vat, Gross Profit £87,865, low overheads ensuring a profitable business, especially to owner operators. Offers excellent foundations to build on current levels of successful trade through attending events and linking up with clubs.
Leasehold £45,000 sav, Ref: CY36297N
More information
Listed by
Everett Masson & Furby
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