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Reference M5905

Dry Cleaners in East London For Sale

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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