Home   Sudbury   News   Article

Subscribe Now

Torque Bikes in Sudbury set to downsize as supply chain problems take toll on cycling industry



More news, no ads

LEARN MORE


A 'radical change' beckons for the future of a Sudbury-based bicycle shop, which will downsize its operation this autumn, as supply chain issues take their toll.

Torque Bikes, which is marking a decade of trade this year, confirmed this month that it will be moving out of Cross Street at the end of October and into smaller premises, with the location to be confirmed.

From this new site, the business will also no longer stock bikes, and instead will shift focus to offering parts and a repair service.

Torque Bikes in Sudbury is downsizing at the end of October. Picture: Mecha Morton
Torque Bikes in Sudbury is downsizing at the end of October. Picture: Mecha Morton

In a message to customers, Torque Bikes owner Leighton Taylor explained that the decision was influenced by the unavailability of bikes and the length of time that new stock currently takes to be delivered.

Industry reports indicate that the global components shortage – exacerbated by the coronavirus pandemic – is continuing to affect manufacturers and retailers alike, and is expected to continue until at least the summer of next year.

Mr Taylor said: “We are making the tough decision to radically change what we do and how we operate at Torque Bikes.

“As of the end of October, we will be vacating our premises at Cross Street and moving to a smaller unit.

“We will be dropping down to a repair, servicing and parts model. This is driven by the lack of availability of bikes, how far ahead we now have to order bikes, and not being able to place subsequent orders during the year.

“Parts are being hit by delays, but we can usually source the right part from somewhere to complete a repair or upgrade.

“We will still stock a decent range of parts, but will no longer stock bikes, accessories or clothing. We will still be able to sort any warranty issues for anything that has been bought from us.”

He added that further details of the new business model will be outlined closer to the time.

Ahead of the relocation, the business is now seeking to offload its current inventory, with reduced prices on many products.