Well Established Dry Cleaners in Highams Park For Sale

Situated in a parade, busy road, residential area, HIGHAMS PARK, LONDON, E4

Turnover £ 1,800
Price £58,000

Features

Well Established Dry Cleaners with Repairs & Alterations

SPACIOUS DOUBLE FRONTED PREMISES in the region of 640 ft². Woodstrip floor plus partly carpeted, fluorescent lighting. The equipment includes counter, electronic cash register, Bowe P240 Slim Lined dry cleaning machine, 2 Hoffman presses, 1 spotting table, 5 commercial washing machines, 2 commercial tumble dryer, boiler, sewing machine, overlocking machine, hemming machine.

Cloakroom with with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,800/£2,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by the vendor with the assistance of 1 full time staff.

Trading Hours

Operated 6 days per week 8 a.m. - 7 p.m. with the exception of Thursday when the business closes at 6 p.m.
NO SUNDAY TRADING

Outside

Garden at rear

Tenure

We are advised, subject to satisfactory references, the landlord is prepared to grant a new 16 years lease, starting rent £12,000 p.a. with 4 yearly reviews.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR 23 YEARS

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 29,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote