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Reference M5442
Situated in a parade, excellent High Street trading position, office and commercial area, HERTFORDSHIRE BARNET
Turnover £ 1,800
Price
£65,000
Features
Dry Cleaners
6 DAYS OPENING
SINGLE FRONTED PREMISES in the region of 485 ft². CCTV (2 cameras). Tiled flooring to front (lino to rear), tube lighting. Sales counter, cash register, clothing rails.
Well maintained Mito dry cleaning machine
PREPARATION AREA. Hoffman press, second press, bagging machine, spotting machine, compressor, sewing machine, storage trolley, 8kg washing machine
Kitchen - sink, fridge, cupboards.
Cloakroom with toilet and sink.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,800 p.w, Pre covid sales averaged £3,000 per week. Not explored the collection and delivery market which provides incredible potential to draw up new business
Staff
The business is at present operated by a husband & wife team with 1 full time presser employed. We are informed the wage bill averages £400 p.w. approx.
Trading Hours
6 Day week
MONDAY - SATURDAY 9 a.m - 5.30 p.m
Outside
Parking space for 2 cars, plus visitor parking.
Tenure
We understand the landlord, subject to satisfactory references, is prepared to grant a new 10 years lease, 5 yearly reviews at a rent of £18,100 p.a.
Business rates: Currently £1,933 per year
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 32,500 (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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