Dry Cleaners with additional Receiving Shop in Surrey For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, Surrey, plus The satellite receiveing shop is located approximated 6 miles / 20 minutes away.

Turnover £ 5,000
Price £199,000

Features

Dry Cleaning Shop with Tailoring, Alterations and Repair Service with Additional Receiving Dry Cleaners with Tailoring, Alterations and Repair Service

* RETIREMENT SALE *

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 900 ft², Carpet tiled flooring, concrete ceiling with strip lighting.

Customer waiting area.

Sales counter, card machine, clothing rails, large Renzacci dry cleaning machine, steam ironing board.

Steam press, spotting table,

Staff cloakroom with toilet and wash hand basin.

Kitchenette with fridge, sink, microwave, kettle etc.

Outbuilding to rear with Laundry press, washing machine (18 Kg), large tumble dryer, small capacity washer, small capacity dryer, high output gas boiler.

With respect to the Receiving shop;

6 DAYS OPENING

SINGLE FRONTED PREMISES, in the region of 330 ft², Tiled flooring, concrete ceiling with spot lights.

Customer waiting area.

Sales counter, card reader, clothing rails.

Washing machine, steam ironing table, etc

Staff cloakroom with toile and wash hand basin.

Kitchenettee area with fridge, kettle, sink, microwave.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. (£3,500 p.w. for the main unit, £1,500 p.w. for the receiving shop)

Staff

The main business is at present operated by 2 partners (brother & sister) with the assistance of 1 part time staff. The receiving shop is operated by 2 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 7.30 a.m. - 3.30 p.m.
SATURDAY 8 a.m. - 12 noon

Regarding the receiving shop;

6 Day week
MONDAY, THURSDAY & FRIDAY 8.30 a.m. - 5 p.m.
WEDNESDAY & SATURDAY 9 a.m. - 1 p.m.



We are advised there is scope and demand for longer opening hours.

Outside

Dedicated parking to rear for 2 vehicles.

Tenure

The vendor owns the freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £25,000 p.a. for the first 4 years.

Business Rates from April 2025 £3,500 approx. (Please contact local authority to confirm)

With respect to the receiving shop;

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) at a current rent of £10,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

NIL Business Rates after full relief (Please contact local authority to confirm)


THE MAIN BUSINESS HAS BEEN IN THE SAME FAMILY SINCE 1960, THE RECIVING SHOP HAS BEEN OWNED SINCE 2017 AND ARE OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE BOTH UNITS GOODWILL, FIXTURES & FITTINGS £199,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 99,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote