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Reference M5239
Situated in a parade, excellent main road trading position, residential, office and commercial area, NORTH LONDON
Turnover £ 1,700
Price
£70,000
Features
Well Fitted Dry Cleaners
6 DAYS OPENING
DOUBLE FRONTED PREMISES in the region of 550 ft² WITH ELECTRIC SHUTTERS. Wood strip floor, suspended ceiling with spot and fluorescent lighting. Rails for garments. Sales counter, cash register, Bowe P525 dry cleaning machine, sewing machine, overlocking machine, hemming machine, 2 Hoffman presses, spotting table, shirt pressing table, Pony electric boiler (new 2021), washing machine & dryer.
Basement in the region of 250 ft².
Kitchen
Toilet with w.c. and wash hand basin
Boiler
Stock room / Store room
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,700 p.w.
Staff
The business is at present operated by the vendor with the assistance of 1 part time tailor.
Trading Hours
6 Day week
MONDAY - SATURDAY 8am - 7pm
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £19,000 p.a. (currently £14,000 due to covid)
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 35,000 (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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