Dry Cleaners in Middlesex For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, MIDDLESEX

Price £149,950

Features

Dry Cleaners offering Alterations and Repairs

6 DAYS OPENING

CORNER SHOP PREMISES in the region of 730 ft² with ELECTRIC SHUTTERS. CCTV (2 cameras) Tiled flooring, suspended ceiling with spotlights. Customer waiting area, counter, electric cash register. Garment rails. Union (40 KG) dry cleaning machine,

Workshop to rear used for alterations and repairs.

Large capacity tumble dryer, 50kg washing machine, 2 hoffman presses, sewing machine, overlocking machine, hemming machine.

Staff toilet and sink

Turnover

WE UNDERSTAND the vendor enjoys a lucrative turnover, full details will be disclosed upon inspection.

Staff

The business is at present operated by the vendor with 1 full time staff plus the assistance of 1 part time staff. We are informed the wage bill averages £650 p.w. approx.

Trading Hours

6 Day week
MONDAY - FRIDAY 8 a.m - 6 p.m
SATURDAY 8 a.m - 5 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2023 with reviews every 4 years (next review 2027) at a current rent of £25,000 p.a.

Business Rates from April 2023 £2,400 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006 AND SOLELY OFFERED FOR SALE AS THE VENDOR WISHES TO RETIRE

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote