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Reference M5905
Situated in a Parade, excellent main road trading position, residential, office and commercial area, EAST LONDON
Turnover £ 1,100
Price
£45,000
Features
Old Established Dry Cleaners
5 DAYS OPENING
NEW ROOF in 2023 & 2024
DOUBLE FRONTED PREMISES in the region of 915 ft²SES WITH ELECTRIC SHUTTERS, lino floor, suspended ceiling with Panel lighting, sales counter, cash register, Bowe Comet 200 dry cleaning machine, electric operated rail for garments, sewing machine, hemming machine, overlocking machine, spotting table, Hoffman press.
Staff Toilet with w.c. and wash hand basin..
Kitchen
Boiler Room (As Control Flame)
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,100 p.w.
Staff
The business is at present operated by the Husband & Wife team
Trading Hours
5 Day week
MONDAY, TUESDAY, THURSDAY - SATURDAY 9am - 6pm
Outside
Garage
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (council) granted for 15 years in 2017 with reviews every 3 years (next review 2029) at a current rent of £13,000 p.a (2026). then £13,600 (2027), then £14,500 (2028)
Business Rates from April 2026 £800 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1987, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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