Business for Sale in OTTERY ST MARY, Devon MOTORCYCLE & BICYCLE SALES, SERVICING & ACCESSORIES

Key Information

Reference

P36162N

Tenure

Freehold

Status

For Sale

Region

Devon

Sector

Motorcycle Dealerships

Annual Sales

£113,966.00 Exc. VAT

Accommodation

Yes

Business Information

Landmark MOTORCYCLE & BICYCLE SALES, SERVICING, REPAIR & ACCESSORIES outlet, established more than 50 years, occupying prominent trading position within popular EAST DEVON town. Fronting the main thoroughfare into and out of OTTERY ST MARY, highly visible, situated on the edge of the town centre, surrounded by residential areas, close industrial estate, Sainsbury supermarket, renowned Kings school, and all amenities. Easily accessible, free on street car parking opposite, shopper car parks close by, main A30 only short drive away ensuring quick access to EXETER, and motorway network.

Substantial property, occupying deceptive large valuable site, main double fronted premises providing showroom and retail areas, office, storage and kitchen. Enclosed secure yard providing additional motorcycle display area and customer motorcycle parking, houses workshop/motorcycle MOT bay, separate tyre/consumables storage building, and further store housing cloakroom. Benefits from spacious self-contained flat suitable for owners or can be let, offering kitchen, sitting room, 2 double bedrooms, bathroom, utility/storeroom, study area, and attic with potential for conversion.

Established and same family hands since1969, trading from current premises since 1975, first time on market offering rare opportunity. Retailing wide range of motorcycles and bicycles, new and used, coupled with accessories, undertaking servicing, repairs, and MOT’s. Enjoying a strong local following, attracting trade from a wide catchment area, abundance of work in hand, operated at a level to suit vendors lifestyle. Sales 2023 £113,966 ex Vat, Gross Profit £58,947, additional potential £800 per month rental income from flat, ensures reliable profitable business with ample scope to build on current levels of successful trade.

Freehold £325,000 sav Ref: P/CY36162N