Dry Cleaners in Essex For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, ESSEX

Turnover £ 2,400
Price £99,500

Features

Well Presented Dry Cleaners with Flat (let At £16,200 Pa)

FORECOURT WITH PARKING FOR 2 CARS

5 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 800 ft². Vinyl floor, suspended ceiling with LED and fluorescent lighting. Sales counter, Dry Streem till, Marstrelli Dry Cleaning machine, pressing machine, rails, 3 washing machines, 2 tumble dryers.

Stockroom

Toilet with w.c. and wash hand basin

Small Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,400 p.w.

Staff

The business is at present operated by the vendor, part time with 2 full time staff employed.

Trading Hours

5 Day week
MONDAY - WEDNESDAY & FRIDAY & SATURDAY 9 a.m - 5 p.m
CLOSED THURSDAY & SUNDAY

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,350 per month. The accommodation comprises:

2 Bedrooms (1 double, 1 single)
Lounge
Kitchen
Bathroom with bath, w.c. and wash hand basin

Outside

Rear yard with shed

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £24,000 p.a. (As will be appreciated with the current rent of £15,000 p.a. from the accommodation the net rent payable at the present time is only £9,000 p.a).

Business Rates from April 2023 £700 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote