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Exceptional Bike Shop For Sale In Hackney & Islington

Hackney & Islington, Greater London

Asking Price £50,000
Turnover £290,000

Business overview

High-End road cycling emporium, specialising in custom road bicycle & wheel building. We work with only the worlds highest quality parts & accessories. Colnago, Cyfac, Lightweight, Campagnolo, Shimano are some of the brands. Our average bike sale is around £5000k. Our customers tend to be 30 - 45 yo. 80% male. 70% Architects, photographers, advertising/marketing industry & film/media folk, so our customer base are primarily design focused & passionate. A high percentage are self employed so they understand & value expertise & service rather than driving a bargain. We have a Cafe which we currently only open on Saturdays primary for club usage so lots of scope to expand this to a daily running cafe. Our workshop which has always been the heart of the business is well known for its superior expertise & quality servicing. If you're looking for a lifestyle change & to surround yourself in a passion you share with your customers this is a great opportunity of you.

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Business description

Converted railway arch with loads of character. Approx 1500sqft downstairs & 800sqft mezzanine storage. 1500sqft front courtyard also used for cafe customers. Large bifolding doors which open up onto courtyard. Premises has A1/A3 class & has alcohol license.

Business location

Just off Shoreditch High Street / Old Street junction. It's in London's trendiest area yet on the city fringe for easy access to city based customers also. Street a side street & a throughway for cyclists.

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