Old Established Dry Cleaners in West London For Sale

Situated in a parade, main road trading position, Close to Westbourne Park station. Diverse, vibrant area with moderate affluence and strong transport links, WEST LONDON

Turnover £ 3,750
Price £120,000

Features

Old Established Dry Cleaners

5 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 581 ft² with tiled floor, suspended ceiling with spot Lights and LED Panel lighting, sales counter, EPOS till, Bowe 532 dry cleaning machine, Shirt Machine, large 14 kg washing machine, large 16 kg tumble dryer, 3 washing machine, 2 Hoffman press, overlocking machine, sewing machine, key machine, rails.

Kitchen

Basement, used for storage purposes with Boiler.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 - £4,000 p.w.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 1 part time staff.

Trading Hours

5 Day week
MONDAY - WEDNESDAY then FRIDAY AND SATURDAY 9am - 5pm

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 £6,510 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1999, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote