Specialist Dry Cleaners in West London For Sale

Situated in a Parade, excellent trading position, residential area, WEST LONDON

Turnover £ 7,000
Price £195,000

Features

Specialist Dry Cleaners

Established 1968
6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 1,085 ft² WITH SHUTTERS, Amtico flooring, suspended ceiling with fluorescent lighting, sales counter, EPOS till, Union Dry Cleaning Machine, spotting table, sewing machine, hemming machine, overlocking machine, rails, CCTV system

Staff Kitchen

Basement Laundry Factory in the region of 490 ft² with Sankosha body shirt press and collar and cuff machines, 5 washing machine, 2 large tumble dryer, etc

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. (£1,000 contract work)

Staff

The business is at present operated by the Manager with 2 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 8am - 6pm

Outside

Rear yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2017 with reviews every 5 years (next review 2027) at a current rent of £27,000 p.a.

Business Rates from April 2024 £3,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2004, AND OFFERED FOR SALE SOLELY DUE TO MANAGERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 97,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote