Dry Cleaners in Finsbury East For Sale

Situated in a parade, excellent trading position, office & residential area, CENTRAL LONDON FINSBURY EAST

Turnover £ 5,500
Price £140,000

Features

Fully Equipped Dry Cleaners

SINGLE FRONTED PREMISES approximately 300 sq. ft. with tiled floor, ceiling lighting. Counter, cash register. The equipment includes rails for garments, Firbimatic Dry Cleaning machine, 1 Hoffman press, spotting table, commercial washing machine, domestic washing machine, tumble dryer. 3 key cutting machines.

Staff toilet with w.c. & wash hand basin

Small basement

Turnover

WE ARE INFORMED the turnover is in the region of £5,500 p.w. (including contract work in the region of £600 p.w).

Staff

At present operated by the vendor with the assistance of 2 full time and 2 part time staff. Wage bill £1,400 pw

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 7.30 p.m.
Sunday opening - 11 a.m. - 5 p.m.

Tenure

WE HAVE BEEN INFORMED the premises are held on a new secure renewable lease granted for 10 years in August, 2022 with reviews every 5 years at a current rent of £20,000 p.a.

Uniform Business Rates: At present only £1,000 p.a. approx. after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £140,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 70,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote