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Reference M5875
Situated in a Parade, excellent trading position, residential, office and commercial area, EAST LONDON
Turnover £ 2,350
Price
£88,000
Features
Well Established Dry Cleaners
DOUBLE FRONTED PREMISES in the region of 720 ft² with tiled floor, fluorescent lighting, sales counter, cash register, Firbimatic dry cleaning machine, hangers, washing machine, large tumble dryer, 2 x spotting table, bagging machine, steamer, sewing machine, CCTV system (5 cameras, 1 monitor).
Staff Toilet with w.c. and wash hand basin.
Kitchen
Turnover
WE ARE INFORMED by the owner the turnover currently averages £2,200 - £2,500 p.w.
Staff
The business is at present operated by the vendor
Trading Hours
7 Day week
MONDAY - SATURDAY 8am - 7pm
SUNDAY 11am - 5pm
Outside
Parking space for 1 car (permitted).
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £30,000 p.a.
Business Rates from April 2025 £2,500 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £88,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 44,000 (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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