Established 1973 Dry Cleaners in South London For Sale

Situated in a parade, excellent trading position (next door to ALDI & SAINSBURYS), Heart of SE London.

Turnover £ 1,750
Price £65,000

Features

Long Established (1973) Dry Cleaners

5 DAYS OPENING
PREMISES in the region of 741 ft²

DOUBLE FRONTED PREMISES WITH SHUTTERS - CCTV (1 camer), Tiled floor, suspended ceiling with tube lighting.

Sales area - electronic cash register, electric operated rail for garments, hanging rail.

Permack 525 dry cleaning machine.

Rear - 2 hoffman presses, 25 lb washing machine, commercial dryer, boiler, hemming machine, overlocking machine, stitching machine, bagging machine, etc.

Staff cloakrook with w.c. and toilet.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,750 p.w.

Staff

The business is at present operated by the 2 partners with the assistance of 1 part time staff.

Trading Hours

5 Day week
MONDAY - SATURDAY 8am - 5pm
CLOSED THURSDAYS

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 14 years in 2010 due to expire in July 2024. We are advised the Landlord will offer, to an approved applicant, a new 14 years lease, with 4 yearly reviews, at a proposed rent of £28,500 p.a.

Business Rates from April 2023 £2,500 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1973

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote