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Reference M5794

Receiving Dry Cleaners and Tailors in Surrey For Sale

Register to see map and to make an appointment Excellent trading position, sought after residential area, SURREY

Turnover £ 1,500
Price £49,500

Features

Receiving Dry Cleaners with Tailoring, Alterations and Repair Service

* RETIREMENT SALE *

6 DAYS OPENING

SINGLE FRONTED PREMISES, in the region of 330 ft², Tiled flooring, concrete ceiling with spot lights.

Customer waiting area.

Sales counter, card reader, clothing rails.

Washing machine, steam ironing table, etc

Staff cloakroom with toile and wash hand basin.

Kitchenettee area with fridge, kettle, sink, microwave.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w. Accounts 30th April 2024 show sales of £73,622 with a G.P. of £68,281

Staff

The business is at present operated by 2 part time staff.

Trading Hours

6 Day week
MONDAY, THURSDAY & FRIDAY 8.30 a.m. - 5 p.m.
WEDNESDAY & SATURDAY 9 a.m. - 1 p.m.

There is demand and scope to increase sales by extending the opening hours.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) at a current rent of £10,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,750 (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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