Old Established Dry Cleaners in South London For Sale

Situated end of parade, busy road, densely populated residential and commercial area, SE LONDON

Turnover £ 1,200
Price £45,000

Features

Old Established Dry Cleaners

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 540 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with fluorescent lighting, sales counter, cash register, Bowe P300 dry cleaning machine, spotting table, 2 Hoffman press's, industrial washing machine, boiler, rails.

Toilet with w.c. and wash hand basin.
Kitchen area

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,200 p.w.

Staff

The business is at present operated by the vendor and his father on a part time basis

Trading Hours

6 Day week
MONDAY, TUESDAY, THURSDAY - SATURDAY 9am - 6.30pm
WEDNESDAY 9am - 1.30 p.m.

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2025 with reviews every 4 years (next review 2029) at a current rent of £13,200 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2001, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote