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Reference M5694
Situated in a Parade, excellent main road trading position, residential and commercial area, South London / Kent Borders
Turnover £ 2,750
Price
£95,000
Features
Established Dry Cleaners
6 DAYS OPENING
DOUBLE FRONTED PREMISES, in the region of 850 ft², WITH ELECTRIC SHUTTERS - CCTV, ALARM, Tiled flooring, suspended ceiling with LED lighting.
Customer waiting area, clothing racks.
Sales counter, electric cash register.
Equipped Repair / tailoring secion - Sewing machine.
Dry cleaning section with 1 dry cleaning machine (perc bowe q300 passat), 1 overlock, 1 felling machine sewing, 1 boiler for hoffman, 1 vacuum for hoffman, 1 large dryer , 1 small washing machine, 1 packaging, 1 spot table, 1 compressor, etc.
Staff cloakroom with toilet and sink.
Kitchen - Microwave, sink, fridge, kettle, shelving.
Basement - Used for storage purposes.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £2,500 - £3,000 p.w. 45% profit.
Staff
The business is at present operated by the vendor with 1 full time staff employed (seemstress) and 1 part time (presser).
We are informed the wage bill averages £700p.w. approx.
Trading Hours
6 Day week
MONDAY - SATURDAY 9am - 6pm
Outside
Yard to rear.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £17,784 p.a.
We are advised the Landlord will grant, to an approved applicant, a new 20 years lease at rent an terms to be agreed.
Business Rates from April 2025 £4,700 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 47,500 (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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