Dry Cleaners and Tailors in Surrey For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, Surrey.

Turnover £ 3,500
Price £149,950

Features

Dry Cleaning Shop with Tailoring, Alterations and Repair Service

* RETIREMENT SALE *

5½ DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 900 ft², Carpet tiled flooring, concrete ceiling with strip lighting.

Customer waiting area.

Sales counter, card machine, clothing rails, large Renzacci dry cleaning machine, steam ironing board.

Steam press, spotting table,

Staff cloakroom with toilet and wash hand basin.

Kitchenette with fridge, sink, microwave, kettle etc.


Outbuilding to rear with Laundry press, washing machine (18 Kg), large tumble dryer, small capacity washer, small capacity dryer, high output gas boiler.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. Accounts Y/e 5th April 2024 show sales of £143,952 with a G.P. of £78,053 after wages.

Staff

The business is at present operated by 2 partners (brother & sister) with the assistance of 1 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 7.30 a.m. - 3.30 p.m.
SATURDAY 8 a.m. - 12 noon

We are advised there is scope and demand for longer opening hours.

Outside

Dedicated parking to rear for 2 vehicles.

Tenure

The vendor owns the freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £25,000 p.a. for the first 4 years.

Business Rates from April 2025 £3,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME FAMILY SINCE 1960, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote