Old Established Dry Cleaners and Tailors in Kent For Sale

Situated in a parade, excellent main road trading position, residential area, KENT.

Turnover £ 1,900
Price £85,000

Features

Dry Cleaners & Tailors

6 DAYS OPENING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS. Suspended ceiling with fluorescent lighting, sales counter with cash register, ceramic tiled floor, Union dry cleaning machine, pressing machine, rails for garments, sewing machine, stitching machine, overlocking machine, etc

Staff toilet with w.c. and wash hand basin
Stockroom / Storeroom

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,800 / £2,000 p.w.

Staff

The business is at present operated by the vendor's wife with 2 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY inclusive 9.30am - 5.30pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to FLAT with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,450 per month

2 Bedrooms (1 double, 1 Single)
Kitchen
Lounge
Bathroom with bath, w.c. and wash hand basin

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £14,500 p.a. (As will be appreciated with the current rental income of £17,400 p.a. from the flat, there is a profit rental of £2,900)

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote