Spacious Well Equipped Surrey Dry Cleaning Shop For Sale

Business description

Outstanding opportunity to acquire a fully equipped Dry Cleaning Shop with the advantage of an additional shop operated as a Branch Receiving Shop, however, also fully equipped and situated approx. 1 mile from the main business.

Main Shop - SPACIOUS DOUBLE FRONTED PREMISES with double door, carpeted. 'L' shaped counter, electronic cash register, hanging rails, Duval (1999) 35lb dry cleaning machine, Hoffman press, rotary cabinet, spotting table, boiler, 35lb commercial washing machine, packing machine, sewing machine etc.

Included in the sale is a BRANCH SHOP situated approx. 1 mile from the main business. The second shop is situated in a small parade occupying a prominent main road trading position, mainly residential area. At present operated as a receiving shop, however, is fully equipped and could be operated as a stand alone dry cleaning shop.

2 SINGLE FRONTED SHOPS inter-communicating and with 2 entrances. The equipment includes counter, dry cleaning machine, Hoffman press, commercial washing machine and dryer, spotting table etc.

Property information

Property:

Leasehold

Lease terms:

Main Shop
We understand the premises are held on a secure renewable lease, the present lease having approximately 1 year unexpired at a rental of £18,250 p.a. exclusive of rates for the remainder of the term. We further understand that it should be possible to surrender the existing lease and obtain a longer lease at rent and terms to be agreed.

Uniform Business Rates: £6,500 p.a. approx.

Second Shop
We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £8,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,080 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Excellent trading position, SURREY

Other information

Expansion potential:

Main Shop
WE ARE INFORMED the turnover currently averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Second Shop
WE ARE INFORMED the turnover averages £1,000 p.w. in our opiniong offering tremendous potential for further increase in the right hands.

As will be appreciated the combined turnover for the 2 shops we are informed is currently in the region of £3,500 p.w. in our opinion offering tremendous potential for further development in the right hands.

Reasons for selling:

TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Main Shop
Monday - Saturday inclusive - 8.30 a.m. - 5.30 p.m.
NO SUNDAY TRADING

Second Shop
Monday - Saturday inclusive - 8 a.m. - 6 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.