Profitable Quality Dry Cleaners | | Undisclosed West Midlands | | Situated end of terrace, sought after residential area, STAFFORDSHIRE LOCALITY | | ADVERT NUMBER : 60760
ADVERT IMPRESSIONS : 9,822 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Dry Cleaners | | SALE: | Agent Sale | FREEHOLD: | £375000 | LEASEHOLD: | £90000 | | | | | BUSINESS DETAILS: | Features : SPACIOUS DOUBLE FRONTED PREMISES occupying a large corner position, partly tiled floor plus partly carpeted. Counter, electronic cash register, dry cleaning machine, 3 Silc flat ironing tables, 3 Warwick gas tumble dryers, 2-35lb Ipso washing machines, 1-16lb Ipso washing machine etc.
Staff cloakroom with w.c. and wash hand basin
Location : Situated end of terrace, sought after residential area, STAFFORDSHIRE LOCALITY
Opening Hours : Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 8.30 a.m. - 2 p.m.
Turnover : WE ARE INFORMED the turnver averages £2,800 p.w. all counter trade, in our opinion offering further potential to increase in the right hands.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £2,500 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
We understand the vendor is also prepared to consider the sale of the Freehold Property which would include the accommodation over, comprising 5 offices plus ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin and kitchen. We understand the offices are let on 2 leases plus 1 tenancy agreement and provide an overall rental income of £8,500 p.a.
PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, INCLUDING OFFICES OVER, GOODWILL, FIXTURES & FITTINGS £375,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Staff : The business is at present operated by the vendor with the assistance of 1 full time and 2 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
