Dry Cleaners and Receiving Shop in West Wickham For Sale

Situated in a small parade, excellent main road trading position, residential, office and commercial area, KENT WEST WICKHAM

Turnover £ 7,500
Price £175,000

Features

Dry Cleaners Plus Receiving Shop

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 800 ft² with tiled floor, ceiling with spotlights. Sales counter, EPOS till, Bowie Dry Cleaning Machine, Union Dry Cleaning Machine, spotting table, sewing machine, hemming machine, overlocking machine, spotting table, 2 bagging machines, 2 shirt pressing tables, steam cabinet, rails for garments, 2 pressing tables, 2 dryers, 2 washing machines, boiler etc.

Stockroom

2 Staff toilets with w.c. and wash hand basin

THE RECEIVING SHOP IS SINGLE FRONTED PREMISES in the region of 260 ft², woodstrip floor, ceiling with spotlights. Sales counter, EPOS till, sewing machine, overlocking machine, stitching machine, hanging rails. CCTV system (3 cameras, 1 monitor).

Stockroom

Staff toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,750 p.w. plus £3,250 p.w. via the receiveing shop (combined turnover £7,000)

Staff

The business is at present operated by the vendor's son with 3 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 9 a.m - 5 p.m

Outside

Parking space for 1 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2021 with reviews every 4 years (next review 2025) at a current rent of £28,000 p.a.

Business Rates from April 2023 £3,274 approx. after small business relief (Please contact local authority to confirm)

Plus the receiving premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £25,750 p.a.

Business Rates for the receiving branch from April 2023 £7,734 approx. after small business relief. (Please contact local authority to confirm)

THE BUSINESSES HAVE BEEN IN THE SAME HANDS SINCE 2021 AND ARE SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASES, GOODWILL, FIXTURES & FITTINGS £175,000 plus VAT plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 87,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote