Multi Franchised Motorcycle Dealership – investment opportunity sold

19th December 2018

Oldfield Smith & Co have sold the premises where one of the souths premier multi franchised motorcycle dealerships trade.  The premises are located  in a prominent position fronting a main ‘A’ road in Cross-in-Hand.  Currently with 3 marques, Suzuki, Kawasaki & Royal Enfield dealing with sales, servicing and MOT testing as well as accessories, spares, clothing, motorcycle training etc.

Groombridge Motorcycles – premises now sold via Oldfield Smith

The business has traded from this location for over 50 years with 2 newly built air conditioned showrooms displaying bikes at ground floor in both showrooms with accessories, parts, clothing etc. at first floor.  Further units to the rear offer servicing, tyre fitting and MOT testing as well as an enclosed parking area with further parking & display to the front of the site.

On completion of the sale the business entered into a new fully repairing and insuring lease for a term of 10 years.

The premises were sold at full quoting price.

If you are considering releasing your investment or are trading from owned premises and are looking to release capital whilst continuing to trade from those premises by entering into a lease, please do talk to us. Call us on 01825 762222.