Wheeling out a vast amount of cycles and equipment
SALE FOLLOWS COLLAPSE OF HUGE LEEDS BIKE SHOP
HIGH-END cycles, parts, accessories, equipment and clothing valued at close to half a million pounds is to go under the hammer in a spectacular auction in North Lincolnshire following the collapse of what was claimed to be one of the best bike shops in the country.
The auction includes racing machines that retailed for as much as three-and-a-half thousand pounds a time, children’s cycles that cost over £600 and balance bikes for toddlers that had price tags of as much as £180. The mountain of parts in the sale covers everything from brake blocks (£45 a pair in the case of some of the Swiss productions) right the way through to carbon frames that retailed for two-and-a-half thousand.
The sell-off follows the liquidation of LC Leeds Bike Shop Ltd, a company that operated a large showroom, bike fitting studio and what was described as the country’s biggest cycle workshop in the Bramley area of Leeds.
The firm ceased trading at the beginning of February and the liquidators handling the winding up of the business have instructed Eddisons to dispose of the stock. It has been removed to our Scunthorpe Auction Centre where it will go under the hammer on Tuesday, April 30.
The thirty bikes in the auction include five handmade Italian Basso bikes that usually carry price tags ranging from £2,049 (Venta Campagnola Centaur) through to the star of the show, an Astra Ultegra that had a ecommended retail price of £3,499. The cycles on offer do also include eleven Ridgebacks, UK-designed bikes that retailed for more modest prices (£429-£649), as well as various children’s bikes and a number of renovated second hand machines.
The company’s repair and servicing department had a national reputation, a business that involved carrying a huge stock of parts and accessories. The auction saleroom is currently an absolute sea of saddles, handlebars, wheels, tyres, cranks and all the other stuff that the serious cyclist needs to keep a mount, in absolutely tip-top condition.
And there’s also a vast quantity of clothing, we reckon over £25,000 worth of gear from lightweight jackets, price tags up to £170, through to shoes that, in the case of Bont, sell for as much as £300. The good news for the area’s cyclists is that we have lotted the auction with them in mind. They have just as good a chance to get involved in the bidding as trade buyers. Furthermore everything is being sold without reserve, so despite the jaw-dropping price tags that much of this equipment once bore, it will make what it makes. There could be some real bargains.
The full catalogue is available at www.eddisons.com. Viewing is 10am-4pm on Monday, April 29, at the auction centre on Dunlop Way in Scunthorpe. The online auction is scheduled to end at 1pm on Tuesday (April 30).