East Sussex Coastal Village Busy Dry Cleaning Business For Sale

Business description

Well equipped unopposed end of parade shop in great trading location in desirable busy large village that is well supported and has a good range of shops and facilities that are well used by the mainly affluent local population. Low rent of only £5,000pa. Established 20yrs, retirement sale. Current T/O £45-£50,000pa with low overheads shows a good Net Profit, but could easily be increased.

Property information

Property:

Leasehold

Lease terms:

The business is available for sale Leasehold with a current annual rent of just £5,000 per annum with 4 years remaining and the next review due in 2012. We understand it is a secure renewable lease and understand that the private landlord is happy to grant a new longer lease if required, terms to be agreed.

Leasehold rent:

£5,000 per annum

Location:

This well known business has been established for over 20 years servicing a local & extended community and is set in a busy parade of neighbourhood shops and other well known occupiers and other complementary outlets in the middle of a very sought-after affluent coastal village in East Sussex.
The location is considered an upmarket area and benefits from being set in an area which has strong support from the surrounding local residential population which is generally affluent in nature and as such, shops in the village are very sought-after. It is located approx 5 minutes from the sea front and the surrounding area is a mixture of residential housing and beautiful East Sussex countryside.

Premises details:

The shop itself has a good window frontage with an eye-catching sign written name board and front entrance door. Just inside the shop to the left is a cupboard housing meters and consumer unit, and to the right is a large counter with Casio TK4300 till which prints all tickets and receipts, with a long hanging rail behind for items due for collection, together with shelving for duvets and larger items which are currently outsourced.

There is a room to the rear housing some small machines with a kitchen area with worktop housing fridge under. Beyond this is the Staff WC and wash hand basin.

Business Operation

Expansion potential:

There is still huge potential to this business, such as offering garment repairs & alterations, shoe repairs, key cutting service, curtain alterations and a personal service of going to the customers houses taking down curtains, dry cleaning and then re-hanging accordingly.

Reasons for selling:

retirement

Employees:

Currently run by a Husband & Wife team with no staff costs.

Years established:

20