Business description

This old established Dry Cleaners has been in the same family for the past 27 years and is now being offered for sale due to retirement.

DOUBLE FRONTED MEDIUM SIZED PREMISES with rear work area. Counter, electronic cash register, Comet dry cleaning machine, 2 Hoffman presses, spotting table, industrial washing machine, industrial tumble dryer, boiler etc.

Staff w.c.

Property information

Property:

Leasehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £10,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, excellent main road trading position, densely populated residential area, LONDON, SE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £1,000/£1,100 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday & Tuesday 7.30 a.m. - 6 p.m.
Wednesday - 7.30 a.m. - 1 p.m.
Thursday, Friday & Saturday - 7.30 a.m. - 6 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.