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Reference M4918

Tailors & Ironing Service in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade, occupying a corner position, busy road, MIDDLESEX

Turnover 1,150
Price 55,000

Features

Well Established Tailoring Business (mainly Repairs) Plus Ironing Service & Dry Cleaning Agency

SINGLE FRONTED PREMISES with non-slip floor approximately 430 sq. ft. with non-slip floor. Full Gas Fired Central Heating. Well fitted including counter, 2 sewing machines, 1 overlocking machine, 1 stitching machine, small buttonhole machine, washing machine, tumble dryer, 2 ironing tables.

Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 1,150 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by a lady vendor with the assistance of her son plus 1 part time tailor.

Trading Hours

Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 4 p.m.
NO SUNDAY TRADING

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of 9,750 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 27,500 (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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