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Reference M5922

Dry Cleaners in East London For Sale

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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