South London Well Equipped Dry Cleaners For Sale

Business description

SPACIOUS SINGLE FRONTED DRY CLEANERS. Refurbished with laminated strip floor, counter, electronic cash register, Bowie 300 dry cleaning machine, 2 Hoffman presses, spotting table with steam gun, large gas boiler.

Property information

Property:

Leasehold

Lease terms:

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 6 years unexpired at a rental of £61,000 p.a. exclusive of rates up to December, 2012, with rent to be agreed thereafter. As will be appreciated with the current rental income of £18,000 p.a. from the living accommodation and £10,400 p.a. from the small shop area, there is a combined rental income currently of £28,400 p.a. making the net rental payable currently of £32,600 p.a.

Uniform Business Rates: £16,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The SPACIOUS living accommodation with FULL GAS FIRED CENTRAL HEATING comprises: First Floor Kitchen Separate cloakroom Second Floor Large Hall Small storage area Bathroom with bath, w.c. and wash hand basin Third Floor 3 Bedrooms (2 doubl

Location:

Situated in a parade, excellent main road trading position, LONDON, SW

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering further potential to increase in the right hands. In addition a small area of the shop is let and utilized for the sale of mobile phones and accessories and we understand the owner receives a rental of £200 p.w.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 8 a.m. - 7 p.m.
Saturday opening - 8 a.m. - 6 p.m.
Sunday opening - 12 noon - 3.30 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.