Dry Cleaners & Launderette in North London For Sale

Situated in a parade, excellent main road trading position, residential area, NORTH NORTH LONDON

Turnover £ 1,600
Price £44,500

Features

Dry Cleaners with Laundry, Tailoring and Alterations, Key Cutting, Shoe Repairs, Mobile Accessories and Vapes

6 DAYS OPENING

DOUBLE FRONTED PREMISES, in the region of 550 ft², WITH ELECTRIC SHUTTERS, CCTV (4 cameras), Wooden Flooring, Suspended ceiling with tube lighting.

Customer waiting area. Clothing rails.

Sales counter, electronic cash register and computer.

AMA Universal dry cleaning machine, sewing machine, hemming machine, over locking machine, key cutting machine, shoe repair machine, bagging machine, vaping and mobile accessory display cabinet.

Rear section, washing machine 14 kg, washing machine 10 kg, 2 tumble dryers, spotting table, Hoffman press, shirt press, boiler, compressor

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,600 p.w. (90% dry cleaning and laundry)

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

6 Day week

MONDAY - SATURDAY 8am - 8pm

CLOSED SUNDAY

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 2015 with reviews every 3 years (next review 2027) at a current rent of £20,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND OFFERED FOR SALE DUE TO THE VENDOR'S OTHER BUSINESS INTERESTS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £44,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote