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Reference M4707

Dry Cleaners in Hertfordshire For Sale

Register to see map and to make an appointment Situated in a parade, residential area, HERTFORDSHIRE TOWN not far from North London

Turnover 2,800
Price 175,000

Features

Fully Equipped well Established Dry Cleaners

Outstanding opportunity to acquire a fully equipped Dry Cleaners with the benefit approximately 2 miles from the main shop is a Receiving Shop/Tailoring in a prime position of this Hertfordshire town.

MAIN SHOP.
SPACIOUS DOUBLE FRONTED PREMISES with tiled floor. Well equipped including counter, computerised till, rails for garmens, Bowe 532 dry cleaning machine, 1 Hoffman press, 1 ironing table, large commercial tumble dryer, cabinet, spotting table, cuffs & collar machine, 3 washing machines, small tumble dryer, sewing machine, overlocking machine etc.

Kitchen
Staff w.c. & wash hand basin

Included in the sale is a RECEIVING SHOP situated within 2 miles of the main business in a prime trading position of this Hertfordshire.

THE RECEIVING SHOP IS DOUBLE FRONTED PREMISES with laminated strip floor, counter, electric cash register, rails for garments, sewing machine, felling machine, overlocking machine.

It will be appreciated upon inspection that these premises have the space to introduce a dry cleaning machine, if desired.

Kitchen
Staff w.c. & wash hand basin

Turnover

WE UNDERSTAND the overall turnover in respect of the main shop & receiving shop is in the region of 2,800 p.w. all counter trade with the receiving shop also undertaking tailoring. In our opinion there is terrific potential to introduce contract work, if desired.

Staff

The main shop is operated by the vendor's husband with the assistance of 1 full time staff.

The receiving shop is operated by the vendor's wife with the assistance of 1 full time & 1 part time staff. In addition casual staff are employed for the tailoring.

Trading Hours

Main Shop
Monday & Tuesday - 8.30 a.m. - 6 p.m.
Wednesday - 9 a .m. - 7 p.m.
Thursday & Friday - 8.30 a.m. - 6 p.m.
Saturday - 8.30 a.m. - 5 p.m.
NO SUNDAY TRADING

Receiving Shop
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday - 9 a.m. - 5 3 p.m.
NO SUNDAY TRADING

Accommodation

Available as an optional extra to the rear of the main shop is a BUNGALOW, available on a shorthold tenancy at a rental of 900 per month. The bungalow comprises:

2 Bedrooms (1 double, 1 single or study)
Shower room with shower, w.c. & wash hand basin
Lounge with kitchen area

Outside

Parking space at rear for 1 car

Tenure

The vendors own the freehold of the main shop and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease at a rental of 15,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

The lease in respect of the receiving shop. We understand the premises are held on a renewable lease, the present lease having approximately 1 year unexpired at a rental of 9,000 p.a. exclusive of rates.

AS STATED THE MAIN BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 13 YEARS WHILST THE RECEIVING SHOP HAS BEEN IN THE SAME HANDS FOR APPROXIMATELY 3 YEARS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE & EXISTING LEASE, GOODWILL, FIXTURES & FITTINGS 175,000 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

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