Tailors and Receiving Shop in Clapham For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, SW LONDON CLAPHAM

Turnover £ 3,500
Price £75,000

Features

Dry Cleaning Receiving Shop Plus Alterations

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 260 ft², woodstrip floor, ceiling with spotlights. Sales counter, EPOS till, sewing machine, overlocking machine, stitching machine, hanging rails. CCTV system (3 cameras, 1 monitor).

Stockroom / Storeroom

Staff toilet with w.c. and wash hand basin

Turnover

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

Staff

The business is at present operated by 1 full time plus 1 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 9 a.m - 6 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 16 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £25,750 p.a.

Business Rates from April 2023 £7,734 approx. after small business relief. Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus VAT plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote