Most attractive old established DRY CLEANERS plus HOUSEHOLD FURNISHINGS including Towels, Duvets & Pillows
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £4,500 p.w. in our opinion offering tremendous potential for further development in the right hands. (We are further advised that the split of turnover is approx. £3,000 p.w. in respect of dry cleaning with the balance of approx. £1,500 p.w. in respect of household furnishings). We are further advised that the sales year ending 28th February, 2007 showed £200,971 with a gross profit of £142,062 (before wages of £42,107).
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £185,000 plus STOCK AT VALUATION. (Please note the Household Furnishing stock is in the region of £15,000, however, this is optional, if not required)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Car parking in front of premises for 3 cars
Attractive and spacious double fronted sales shop, Character Building, built in approx. 1780.
SPACIOUS DOUBLE FRONTED SALES SHOP, with full Gas Fired Central Heating, fully carpeted, spot lighting, feature Victorian fireplace (not operating), attractive wooden shelving plus additional adjustable shelving, counter, computerised electronic cash register.
Spacious rear DRY CLEANING section well equipped including Multi Tex 35lb dry cleaning machine (approx. 1 year old), Sidi steam press, spotting cabinet with compressor, 1-35lb Primus washing machine, 55lb gas fired tumble dryer.
Staff kitchen
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor on a very part time basis with the assistance of 1 full time in respect of the dry cleaning plus 1 additional full time staff in respect of the front shop area.
We understand the entire premises are held on a secure renewable lease from a private landlord having approx. 3 years unexpired at a rental of £22,500 p.a. exclusive of rates. We are further advised that the landlord is prepared to accept a surrender of the existing lease and grant a new longer lease between 15 and 18 years at an initial rental of £22,500 p.a. exclusive of rates for the first 3 years, with rent reviews thereafter.
Uniforn Business Rates: £7,000 p.a. approx. + water rates
OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE AND SPACIOUS DRY CLEANERS/HOUSEHOLD FURNISHINGS, WHICH HAS BEEN IN THE SAME HANDS FOR THE PAST 24 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.
AS WILL BE APPRECIATED UPON INSPECTION THE HOUSEHOLD FURNISHINGS SIDE OF THE BUSINESS DOES NOT NECESSARILY HAVE TO BE CONTINUED AND INDEED THE FRONT RETAIL SHOP IN OUR OPINION LENDS ITSELF FOR ALTERNATIVE RETAIL TRADES, IF DESIRED.
IN OUR OPINION THE DRY CLEANING SIDE OF THE BUSINESS ALSO HAS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.
