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Reference M5293
Receiving shop situated in BARNSTAPLE, NORTH DEVON. The fully equipped industrial unit situated on an Industrial Estate, NORTH DEVON WOOLACOMBE
Turnover £ 1,500
Price
£45,000
Features
Dry Cleaning Receiving Shop Plus Fully Equipped Industrial Unit
600 sq. ft. Industrial Unit. The equipment includes Dane Realstar 15 kilo dry cleaning machine, 1 Hoffman press, spotting table, Fulton electric boiler, large Duval gas tumble dryer (not utilized at present), electric tumble dryer, Ipso electric washing machine etc.
Staff w.c. & wash hand basin
The SINGLE FRONTED RECEIVING SHOP has laminated floor, counter, rails for garments etc.
w.c. & wash hand basin
Turnover
WE ARE ADVISED that the turnover averages £1,500 p.w. The turnover is in respect of the receiving shop plus contract work collected in North Devon & Somerset. In our opinion the business offers tremendous potential for further development in the right hands.
Staff
The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 part time shop assistance & 1 part time staff for alterations.
Trading Hours
Receiving shop open Monday & Tuesday - 10 a.m. - 2 p.m.
Wednesday, Thurday, Friday - 10 a.m. - 4 p.m.
Saturday - 10 a.m. - 1 p.m.
Industrial Unit
Monday - Friday inclusive- 9 a.m. - 3.30 p.m.
Tenure
We understand the industrial premises are held on a renewable lease having 6 years unexpired from January, 2019 at a current rental of £6,240 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.
We understand the receiving shop is held on a tenancy agreement at a current rental of £170 p.w. however we undestand from the present tenant that if required it should be possible to obtain a lease from the landlords.
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE SECURE LEASE plus TENANCY AGREEMENT IN RESPECT OF THE RECEIVING SHOP, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 22,500 (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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