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Reference M5922
Occupying a corner position, excellent main road trading position, residential, office and commercial area, East London
Turnover £ 1,500
Price
£58,000
Features
Old Established Dry Cleaners
ESTABLISHED 1991
6 DAYS OPENING
DOUBLE FRONTED SHOP in the region of 800 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with fluorescent lighting, sales counter, cash register, Dry cleaning machine, Washing machine, 2 Hoffman pressers, Sewing machine, Rails
Basement in the region of 400 ft² with boiler, etc.
Staff Toilet with w.c. and wash hand basin.
Sink area
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w.
Staff
The business is at present operated by the Husband & Wife team
Trading Hours
6 Day week
MONDAY - SATURDAY 8am - 6pm
Outside
Garage
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 2016 with reviews every 5 years (next review 2031) at a current rent of £18,000 p.a.
Business Rates from April 2026 £2,410 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1991, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 29,000 (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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