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Reference M4728

Dry Cleaners in Merton Abbey For Sale


Register to see map and to make an appointment Situated on an Industrial Estate, SW LONDON MERTON ABBEY

Turnover 15,000
Price 500,000

Features

Spacious Fully Equipped Commercial Laundry

Car parking for approximately 16 cars

SPACIOUS GROUND FLOOR PREMISES in the region of 5,000/6,000 sq. ft. with concrete floor & fully equipped including 4 large Calendar ironing machines, 4 industrial washing machines, 3 industrial tumble dryers, 2 jacket pressers, steam boiler, air compressor.

3 sign written vans

Stairs to first floor
Staff rest area plus offices
Ladies' & gentlemen's cloakrooms

Turnover

WE ARE INFORMED the turnover currently averages 15,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending 30th September, 2017 showed 758,831 with a gross profit of 407,242.

Staff

A total of 18 staff are employed including 3 drivers for deliveries

Trading Hours

The business is operated on a 5 day week basis
Monday - Friday inclusive - 8 a.m. - 6 p.m.
CLOSED SATURDAY & SUNDAY

Tenure

We understand the landlord, subject to satisfactory references, will grant a new 15 years full repairing and insuring lease at a rental in the region of 45,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 27,000 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of 500,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 250,000 (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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