Lovely North London Dry Cleaner Huge Takings Potential For Sale

Business description

LOCATION: In a good densely populated trading location very close to a modern development of nearly 1,000 flats giving it a superb location. Free parking after 2pm.


DESCRIPTION: Modern welcoming double fronted glass premises with detachable steel grills. There is a counter area at the front and work room at the rear. Towards the rear is a toilet/basin and kitchenette. There is also a storage basement and yard area to the rear.


EQUIPMENT: Steam cabinet (Camptel), Hoffman press, bagging machine, dry cleaning machine (this Fibrimatic Spa Eco 15 machine alone cost £24,000 last year), steam ironing table, steel racking, washing machine and dryer.


BUSINESS: Takings are typically £1,000-£1,300 p.w. and seem likely to approach £1,500 p.w. in the near future. In addition there is a carpet cleaning franchise and shoe/bag repairs which generates additional income. Good potential to increase prices and expand the sewing aspect of the business. Currently run by one family member.


HOURS: 8am – 6.30 pm Mon/Tue/Wed/Fri, Sat 9am-4pm


ACCOMM: There is no residential accommodation.


TENURE: Lease commenced in Nov 04 for a term of 15 years and the current rent is £10,400 per annum with reviews every 3 years.


RATES: Business rates payable are approx £1,000 p.a.

Property information

Property:

Leasehold

Lease terms:

Lease commenced in Nov 04 for a term of 15 years and the current rent is £10,400 per annum with reviews every 3 years.

Living accommodation:

There is no residential accommodation.

Location:

In a good densely populated trading location very close to a modern development of nearly 1,000 flats giving it a superb location. Free parking after 2pm.

Other information

Reasons for selling:

Retirement

Trading hours:

8am – 6.30 pm Mon/Tue/Wed/Fri, Sat 9am-4pm

Financing available:

50% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).