Freehold Leasehold Dry Cleaners Plus Two Flats For Sale

Business description

DRY CLEANERS WITH 2 FLATS – LONDON, SW16.

LOCATION: On a very busy road with good passing trade and is surrounded by a densely populated residential area. Several bus routes pass the shop.

DESCRIPTION: This prominently sited corner property was originally a Bank premises. The main frontage is approx 53’-0” wide and internally the 1,670 sq ft ground floor comprises a front reception desk with large open-plan working area. In addition there are 2 secure stock rooms with hanging rails, 2 offices, a washroom and toilet, and a utility/washing room with exit out to a concrete yard at side. A stairway at rear of working area descends to a boiler room.

EQUIPMENT: Fully equipped including a Union HC133 computerised dry cleaning machine, 2 Hoffman presses, 2 spotting tables, computerised billing system, bagging machine, electronic cash register, 2 washing machines, tumble dryer, etc.

BUSINESS: We are informed annual turnover is in the region of £230,000. In addition, there is rental income of £1,800 per calendar month from 2 flats.

HOURS: Mon-Fri 8.00 am to 5.00 pm; Sat 9.00 am to 1.00 pm.

ACCOMM: 2 self contained flats with double glazing and gas central heating.

Flat (A) – First Floor:- Lounge/diner with open plan kitchen, 2 double bedrooms, bathroom/toilet.

Flat (B) – First Floor:- Lounge;
Second Floor:- Kitchen, bathroom/toilet
Third Floor:- 2 double bedrooms.

TENURE: The premises is available as a lock-up with a brand new 16 years lease, rent £26,000 per annum and reviews every 4 years or Freehold which includes 2 flats.

RATES: Business rates payable are approx £3,500 per annum.

STOCK: Approx £30,000.

PRICE: OFFERS CONSIDERED - Leasehold lock-up Purchase £249,950 + SAV or Freehold Purchase including 2 flats £794,950 + SAV (Stock is approx £30,000).

Property information

Property:

Freehold

Living accommodation:

(Freehold purchase only): 2 self contained flats with double glazing and gas central heating. Flat (A) – First Floor:- Lounge/diner with open plan kitchen, 2 double bedrooms, bathroom/toilet. Flat (B) – First Floor:- Lounge; Second Floor:- Kitchen, bathroom/toilet Third Floor:- 2 double bedrooms.

Location:

On a very busy road with good passing trade and is surrounded by a densely populated residential area. Several bus routes pass the shop.

Business Operation

Reasons for selling:

Personal reasons

Trading hours:

Mon-Fri 8.00 am to 5.00 pm; Sat 9.00 am to 1.00 pm.

Employees:

Owner + 2FT + 4 PT

Other information

Support & training:

Full handover support and training included in asking price.

Inventory / Stock value:

£30,000

Related documents:

• 
• Compulsory Registration Form to Return Please