Central London Industrial Dry Cleaners And Receiving Shop For Sale

Business description

Industrial unit is held on annual licence and the current rent is £12,220 per annum and £5,364 per annum service charges. The receiving shop lease is renewable in 5 years with 5 yearly rent reviews at the current rent of £18,500 per annum and rates £9,000 per annum. Just reduced for quick sale.

Property information

Property:

Leasehold

Lease terms:

Industrial unit is held on annual licence and the current rent is £12,220 per annum and £5,364 per annum service charges. The receiving shop has 5 years left on the current renewable lease @ 5 yearly rent reviews and the current rent is £18,500 per annum and rates £9,000 per annum.

Leasehold rent:

£12,200 per annum

Location:

Situated off busy main high street and is close to station, City and is surrounded by densely populated residential area.

Premises details:

Large industrial unit in a business centre with parking space for 2 vehicles. Internally the premises measures approximately 1,650 sq ft overall comprising main working area, kitchen, utility room, office and toilets. The business also has receiver shop besides the main trade at different address which is included in the sale. Currently outsourcing shirts which could be in-house. Good potential to also increase taking owing to location in central London. Very high profit margins.

Size in square feet:

1,650

Business Operation

Expansion potential:

Viturally unlimited

Trading hours:

Mon - Fri 6 am - 1 pm

Employees:

Family & 2 p/t

Years established:

6

Other information

Support & training:

Available if required.

Relocatable:

This business can be relocated.