Family-run bike shop to receive £77,350 after sophisticated burglary

Family-run bike shop to receive £77,350 after sophisticated burglary

Afan Cycles in Aberystwyth will receive £77k compensation after four burglars stole £90k of bikes in a seven‑minute raid.

Family bike business to receive £77,000 after gang burglary

Compensation ordered under Proceeds of Crime Act following seven-minute raid that stole £90,000 worth of bikes AN INDEPENDENT bike shop in Aberystwyth is set to receive nearly £77,350 under the Proceeds of Crime Act after its family-run business was targeted in a sophisticated burglary last year. Four burglars wearing balaclavas smashed their way into Afan Cycles on the Glanyrafon Industrial Estate in the early hours of Saturday, April 12, 2025.…

Judge orders thieves' assets to be sold to repay Aberystwyth company

An independent bike shop based in Aberystwyth will receive nearly £77,350 from the proceeds of crime act, after their family run business was victim to a sophisticated burglary in 2025.