Contract Dry Cleaners in North London For Sale

Situated in a Parade, excellent High Street trading position, residential, office and commercial area, NW London

Turnover £ 5,000
Price £195,000

Features

Dry Cleaners Plus Contract Work

6 DAYS OPENING
ELECTRIC VAN ON LEASE

DOUBLE FRONTED PREMISES in the region of 1,580 ft² WITH ELECTRIC SHUTTERS, tiled floor, sales counter, 2 EPOS plus till, Bowe P15 dry cleaning machine (new 2019), 2 Hoffman press, Shirt Plant, Trouser Topper, Jacket Forma, 2 large washing machine, 3 large tumble dryer, 2 additional washing machines, boiler, 2 x bagging machine, sewing machine, hemming machine, overlocking machine, rail for garments, CCTV system (4 cameras, 1 monitor) etc.

Staff Toilet with w.c. and wash hand basin.

Basement in the region of 335 ft²

Office.
Staff Toilet with w.c. and wash hand basin..
Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. (including £3,000 contract work)

Staff

The business is at present operated by the vendor on a part time basis with 2 full time & 1 part time staff plus 1 driver.

Trading Hours

6 Day week
MONDAY - SATURDAY 8am - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2012 with reviews every 4 years (next review 2028) at a current rent of £25,500 p.a.

Business Rates from April 2024 £2,700 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 97,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote