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Cornwall Kawasaki Centre, Treviskey, Redruth, Cornwall

Guide Price
£500,000

Business rates & charges may apply

Miller Commercial, Business Transfer
SECTOR
Commercial property for sale

Key features

  • HIGHLY PROFITABLE MOTORCYCLE DEALERSHIP
  • PROMINENT ROADSIDE LOCATION
  • ESTABLISHED FOR APPROXIMATELY 40 YEARS
  • GENUINE RETIREMENT SALE
  • AVAILABLE ON A FREEHOLD BASIS
  • EPC: C55

Property description

Tenure: Freehold

A fantastic opportunity to acquire one of the South Wests longest established Motorcycle dealerships. The business is available on either a leasehold or freehold basis and achieved a turnover of in excess of £1.3m for the last financial year.

Situation - Cornwall Kawasaki is situated in a prominent position on the busy A393 between the towns of Falmouth and Redruth.

The Business/Premises - The business has been established for some 40 years having previously traded as Keith Parnell's Motorcycles which was acquired by our current clients approximately 14 years ago. The business continues to be ranked amongst the top Kawasaki dealerships within the United Kingdom based on sales, customer service levels and market share and our clients have exclusive rights for Kawasaki within the County.

Our clients oversee the day to day running of The Cornwall Kawasaki Centre with the assistance of several highly skilled and experienced full time staff and a full hand over/training package will be included at the point of sale. The business is concerned with the sales of new and used motorcycles in addition to offering a comprehensive range of after care services from their workshop including MOT's. They also stock an extensive range of protective clothing, helmets, parts and accessories that are available to purchase in store or online.

Turnover for the year ending 31st May 2020 was £1,351,391 (obviously this period was only for 10 months owing to the first Covid lockdown) with full accounting information being made available subject to a viewing appointment in the usual manner.

For further information about the range of products and services currently offered please visit our clients website Cornwallkawasaki.co.uk

Description -

Show Room - 16m x 15.3m. Well presented open plan show room with space for up to 100 motorcycles although we are advised that the usual stock holding is in the region of 80 units. The showroom benefits from non-slip flooring, desks, commercial heater, vending machines and a staff/customer WC.

Management Office - 3.44m x 3.71m. Windows and door to front elevation, office furniture and computer.

Workshop - 10.6m x 6m. Roller door, 3 Hydraulic Motorcyle lifts, semi automatic tyre changer, assorted work benches, extensive array of tools, diagnostic machine, staff WC and stairs to parts store.

First Floor -

Parts Store - 5.55m x 5.50m. Floor to ceiling shelving and racking with a window to the side elevation.

Retail Area - 9.69m x 5.52m. Comprehensively fitted with a range of fixed and free standing clothes railing, adjustable wall mounted shelving system, helmet display units, service counter with till, customer wc/changing room.

Outside - To the rear of the building is a gated compound for staff parking etc, located within this area are 2 shipping containers which are accessible from the main showroom that provide useful secure storage in addition to housing the Compressor unit.

Agents Notes - The premises are available on a freehold basis at a guide price of £775,000 plus stock at valuation.

General Informatio0n - LOCAL AUTHORITY
Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151


Energy Performance Certificate - The Energy Performance Rating is within Band C55.

Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Business Rates - We refer you to the government website

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power:
South West Water:
Transco:

Stock - To be taken at valuation and is in the region of £300,000.

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information - For further information or an appointment to view please contact either:-
Paul Collins on or via email or
Graham Timmins on or via email

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

Energy Performance Certificates

EPC 1

Brochures

Cornwall Kawasaki Centre, Treviskey, Redruth, Cornwall

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redruth Station2.2 miles
  • Perranwell Station3.1 miles
  • Penryn Station4.5 miles

About Miller Commercial, Business Transfer

Mansion House Princes Street, Truro, TR1 2RF

Chartered Surveyors and Business Property Specialists

As Chartered Surveyors and Business Property Specialists we offer market leading services across Cornwall, the wider South West and the UK as a whole. We specialise in investment and development, sales and acquisitions, business transfer, valuation and lease consultancy, property management, leasing and letting.

Retained Clients

A significant number of high worth individuals retain our services ready to inve

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Notes

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Disclaimer - Property reference 28991806. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miller Commercial, Business Transfer. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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