Dry Cleaners Receiving Shop & Tailors in Sydenham For Sale

Double fronted premises occupying a corner position, densely populated residential area SE LONDON SYDENHAM

Turnover £ 1,800
Price £70,000

Features

Dry Cleaning Shop Receiving Shop Plus Shirts & Tailoring

MODERN SHOP FRONT. PREMISES in the region of 225 ft² with New counter, computerised till, shirt machine (we understand approximately 7 years old), collar machine, 1 sewing machine, 1 overlocking machine, 1 hemming machine.

Staff toilet

BASEMENT providing a work area with tiled floor, 3 washing machines

Turnover

WE ARE INFORMED the turnover averages £1,800 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present mainly staff operated. 3 part time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Friday inclusive - 7 a.m. - 7 p.m.
Saturday opening - 8.30 a.m. - 5.30 p.m.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 10 years full repairing and insuring lease at a rental of £11,500 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

Uniform Business Rates: Nil payable after small business relief

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote