Dry Cleaners Receivers plus Industrial Processing unit in Woolacombe For Sale

Receiving shop situated in BARNSTAPLE, NORTH DEVON. The fully equipped industrial unit situated on an Industrial Estate, NORTH DEVON WOOLACOMBE

Turnover £ 1,500
Price £45,000

Features

Dry Cleaning Receiving Shop Plus Fully Equipped Industrial Unit

600 sq. ft. Industrial Unit. The equipment includes Dane Realstar 15 kilo dry cleaning machine, 1 Hoffman press, spotting table, Fulton electric boiler, large Duval gas tumble dryer (not utilized at present), electric tumble dryer, Ipso electric washing machine etc.

Staff w.c. & wash hand basin

The SINGLE FRONTED RECEIVING SHOP has laminated floor, counter, rails for garments etc.

w.c. & wash hand basin

Turnover

WE ARE ADVISED that the turnover averages £1,500 p.w. The turnover is in respect of the receiving shop plus contract work collected in North Devon & Somerset. In our opinion the business offers tremendous potential for further development in the right hands.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 part time shop assistance & 1 part time staff for alterations.

Trading Hours

Receiving shop open Monday & Tuesday - 10 a.m. - 2 p.m.
Wednesday, Thurday, Friday - 10 a.m. - 4 p.m.
Saturday - 10 a.m. - 1 p.m.

Industrial Unit
Monday - Friday inclusive- 9 a.m. - 3.30 p.m.

Tenure

We understand the industrial premises are held on a renewable lease having 6 years unexpired from January, 2019 at a current rental of £6,240 p.a. exclusive of rates for the next 3 years with rent to be agreed thereafter.

We understand the receiving shop is held on a tenancy agreement at a current rental of £170 p.w. however we undestand from the present tenant that if required it should be possible to obtain a lease from the landlords.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE plus TENANCY AGREEMENT IN RESPECT OF THE RECEIVING SHOP, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote