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UK

11/01/2019

Cornwall Kawasaki Centre in Lanner, near Redruth, is rumoured to be under offer and a sale is likely to go through in the next four weeks.

The asking price was £775,000, ex-stock, and the business was described as a “highly profitable” 40-year-old motorcycle dealership with a roadside location and “a genuine retirement sale”. Turnover in 2016/17 was over £1.5million.

Formally Keith Parnell's Motorcycles, Cornwall Kawasaki says on its website that since it was acquired by Ian Bradley in 2004 it has “rapidly become one of the best known and favoured bike shops in Cornwall”.

“The business continues to be ranked among the top Kawasaki dealerships in the UK, based on sales, customer service levels and market share and our clients have exclusive rights for Kawasaki within the county,” the advertisement reads.

The 16mx15.3m open plan showroom is said to be well presented with space for up to 100 motorcycles. The usual stock holding is around 80 units.

www.cornwallkawasaki.co.uk