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Reference M4993

Dry Cleaners in Wallingford For Sale

Dry Cleaners in Wallingford For Sale
Buy a Dry Cleaners in Wallingford For Sale

Register to see map and to make an appointment Main shop situated in a parade, excellent trading position, OXFORDSHIRE WALLINGFORD

Turnover £ 3,000
Price £50,000

Features

Modern well Equipped Dry Cleaners Plus 1 Dry Cleaning Receiving Shop

DOUBLE FRONTED DRY CLEANERS with tiled floor, counter. Firbimatic dry cleaning machine, 2 automatic Hoffman presses, steam machine, finishing table, spotting table, industrial washing machine, industrial tumble dryer plus domestic washing machine

Staff cloakroom with w.c. and wash hand basin

INCLUDED IN THE SALE IS A RECEIVING SHOP situated approximately 6 miles from the dry cleaners. The single fronted receiving shop is situated in the main car park of this sought after village. The shop has a laminated strip floor, counter, hanging rails etc.

Turnover

WE ARE ADVISED that the overall turnover is in the region of £3,000 p.w. We are further advised that the split of turnover in respect of the main dry cleaners at Wallingford the turnover is in the region of £2,000 p.w. with the balance of approximately £1,000 p.w. in respect of the receiving shop.

Staff

Main dry cleaners operated by the vendor with the assistance of 1 part time staff.

Receiving shop 1 full time staff.

Trading Hours

Main Dry Cleaners
Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opeing - 9 a.m. - 5 p.m.
NO SUNDAY TRADING

Receiving Shop
Monday - Friday inclusive - 9 a.m. - 5 p.m.
Saturday opening - 9 a.m. - 4 p.m.
NO SUNDAY TRADING

Outside

To the rear of the main dry cleaners is a yard with parking space for 2 cars

Tenure

We understand the dry cleaners in Wallingford is held on a renewable lease having approximately 18 years unexpired at a rental of £15,500 p.a. plus VAT exclusive of rates for the next 7 years with rent to be agreed.

Receiving shop we understand held on a new 20 years lease at a rental of £8,400 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years. (We understand there is no VAT payable in respect of the rent on the receiving shop)

OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL EQUIPPED DRY CLEANERS PLUS RECEIVING SHOP IN THIS SOUGHT AFTER OXFORDSHIRE LOCALITY

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (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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