SOLD / WITHDRAWN
5516 / Rightbiz
- Excellent London Location With Great Transport Links
- Annual Turnover £62,400
- New 20 Year Lease Negotiable
- Very Low Rent Of Only £300 Per Week
- Closed Sunday
- EPC - C
REF 5516 – Leasehold Dry Cleaners
Blacks Business Brokers are proud to bring to the market this leasehold dry cleaners business located in the much sought after area of Hayes, Middlesex.
Star Dry Cleaners has been trading from Kingshill Avenue since around 1980, with our client in ownership since 2004. During that impressive trading history, it has firmly established itself within the local community.
Hayes is a large, popular town in west London, situated close to Charing Cross and central London. The area is well used by commuters and is densely populated. The business itself is located within a busy parade of shops on Kingshill Avenue, the area has good links to the A40, M14 & M25. Heathrow Airport and Uxbridge lie close by.
REASON FOR SALE
The business is only being offered for sale due to our clients wishes to retire from this busy and well used business.
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. A new 20 year lease will start with the sale of this business at a cost of £1,200 per calendar month and rent reviews every 4 years.
BUILDING LAYOUT AND DESIGN
The business is housed within a large, two storey, single fronted retail unit within a parade of shops. The business is well branded with clear, bright signage on display and a fully glazed shop front. Inside, there is a spacious customer service counter, which opens out to the main cleaning and pressing area – this is all open plan. The shop has a dedicated key cutting area with all equipment in place. To the rear of the unit is an additional pressing room, store room and staff toilet. All areas are well presented with good quality fixtures and fittings in place. A full inventory is available on request.
There are currently no staff in employment here as the business is managed by our client on a full-time basis.
Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates annual turnover of £62,400 with strong gross profits. All customers are from the local area as one would expect.
This is a well-established family run business in a busy trading position. This well-presented dry cleaners offers an ideal opportunity for new owner/operator, looking to run their own business or an existing business looking to acquire an additional branch in this area. The business would benefit from an online presence and a new owner could look to develop this area of the business and introduce some marketing/advertising. We feel this proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Fixtures & Fittings:
BÖWE P525 Dry Cleaning Machine
Large Automatic revolving rack
2 steam presses
Key cutters and polishers
MON: 08:00 - 17:00 TUE: 08:00 - 17:00WED: 08:00 - 17:00THU: 08:00 - 17:00FRI: 08:00 - 17:00SAT: 08:00 - 16:00SUN: CLOSED
Leasehold Price: £45,000
Location: Hayes, London
Sector: Dry Cleaning Businesses
Annual Turnover: £62,400
Energy Performance Certificate (EPC)