Dry Cleaners & Tailors in South Croydon For Sale

Situated in a parade, excellent main road trading position, residential and office area, SOUTH CROYDON, SURREY

Turnover £ 1,800
Price £59,500

Features

Well Established Dry Cleaners & Tailors

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 870 ft². Tiled floor, suspended ceiling with LED Panel lights. Sales counter, EPOS till, Union 35lb Parrisianne Dry Cleaning Machine, Hoffman press, spotting table, electric boiler, hanging rails, large washing machine, 4 washing machines, tumble dryer, sewing machine, hemming machine, overlocking machine, bagging machine, Key cutting machine. CCTV system (5 cameras, 1 monitor) etc.

Fitting room

Toilet with w.c. and wash hand basin

Kitchen

Stockroom

Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,800 p.w.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

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

Outside

Parking space for 2 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2014 with reviews every 5 years (next review 2024) at a current rent of £18,000 p.a.

Business Rates from April 2022 £5,600 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote