Cyclelogical, 44 Forest Hall Road, Forest Hall £27,000

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Cyclelogical, 44 Forest Hall Road, Forest Hall £27,000

 

On Market

Cyclelogical, 44 Forest Hall Road, Forest Hall

 

 

Location
The property is situated on of Forest Hall Road, Forest Hall. This is approximately 5.4 miles north east of Newcastle city centre and around 2 miles west of the A19. 

Description 
The business occupies the ground and first floor of a two storey building benefitting from a large shared yard to the rear. The rear yard houses a work shop and store as well as room for customer parking. The rear yard is also fully equipped for bike cleaning which is one of the services offered. 

The Business 
The business is well established with many long standing and repeat customers both from in store and online sales. Cyclogical offers a range of products as well as services and repairs and is one of a limited Shimano Specialists. 

Main Bike Brands 
Ridgeback, Saracen, Genesis, Rapide, Van Nicholas, Orbea, Pashley, Moulton 
Components and Accessories 
Shimaro, Campagnolo, Sram, Park, M Part, Aztec, Elite, Lazer, SKS, Kryptonite, Infini, Pro, Continental, Schwalbe, Nutrak, FSA, Cane Creek, Hope Finish Line, DMR, plus many other brands. 
Clothing & Shoes 
Madison, Giordana, Pearl Izumi, Shimano & Pro 

The business is a licenced Bikefitting.com bike fitting outlet. This system is one of the most sophisticated in the market and is owned and licenced by Shimano. The system is constantly updated by Shimano with details from Bike manufacturers to ensure that customers get an exact fit. 

The business has a number of Polaris Bike boxes, which are one of the best on the market and can be hired out by customers on a daily or weekly basis and are suitable for airline travel. As well as the retail side, the business has two outbuilding used for servicing, they are equipped with top of the range tooling and are owned outright (not part of the rental).

Opening Times 
Mon – Fri 9.00 am – 17.30 pm 
Saturday 9.00 am – 17.00 pm 
Sunday Closed 

Staff 
The business is run by a husband and wife team. 

Tenure 
Leasehold – We have verbally been informed that the current lease runs until January 2020. 

Rent 
£8,400 per annum

 


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  • Area: Cyclelogical, 44 Forest Hall Road Forest Hall Newcastle Upon Tyne Tyne and Wear NE12 9AL Forest Hall 
  • Price Range: £27,000 
  • Branch: North Tyneside 
  • Type: Commercial 
  • Commercial Property: Businesses For Sale 
  • Type of Property: Retail 
  • Business Type: Retail 
  • main_advert: Retail business for sale. Cycle retail and repair shop in popular North Tyneside area. Turnover circa £3,500 - £4,000 per week. Rent £8,400 per annum.

    Situated within two storey property. Good passing trade. Large rear yard. Two fully equipped workshops, owned outright, included. Shimano service centre. Bike fitting service. Floor area circa 138 sq.m. (1,485.42 sq.ft.). Own website. Open 6 days a week. Stock circa £25,000 Genuine retirement sale.

    Leasehold £27,000 (+stock)

    Ref G217