Life Cycles auction: High-end bicycles, parts and kit to be auctioned off after Leeds company goes under

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High end cycles, parts and specialist cycling kit valued at close to half a million pounds are to go under the hammer following the collapse of a Leeds bike shop.

The auction includes Italian racing machines that retailed for as much as £3,500, children’s cycles that cost over £600 and even balance bikes for toddlers that had price tags of £180. The mountain of parts going under the hammer covers everything from brake blocks through to carbon frames that were priced at two and a half thousand. The sell-off follows the liquidation of Leeds Bike Shop Ltd, the company behind Life Cycles on Stanningley Road.

“Meanwhile the company’s repair and servicing department handled work for cyclists all over the region - and indeed further afield - 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.

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