Destination cycle store, retailing new and used cycles and accessories, also undertaking servicing and repairs, situated on the Somerset/Devon border, occupying easily accessible Wellington town centre trading position, just off the main shopping thoroughfare of Fore Street, part of shopping arcade, surrounded by other popular businesses to include national retailers, close to car park, surrounded by residential areas, benefiting from new housing developments.
Deceptive premises, approaching 2,000 square feet, well organised and attractively presented. Providing 2 inter-connecting retail areas, 2 inter-connecting cycle display areas, workshop, office, store, and cloakroom. Benefiting from favourable premises costs, rent amounting to just over £150 per week, and receiving 100% business rate relief.
Respected business, established and in same family hands more than 50 years, offering wide selection of cycles and accessories for all uses, all age groups, and for all budgets, drawing trade from wide catchment area, enjoying a great deal of repeat business, and attracting new customers each week, with no real direct competition. Currently operated on a lifestyle basis, Sales 2026£152,791 ex Vat, Gross Profit £68,180 (45%), easily manageable, only trading a 4 day week, a family concern, no staff, considerable further opportunities, ideal for full time owner operator.
Leasehold £49,995 sav
