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Prime Location Sutton London Dry Cleaning & Laundry Business for Sale with In-House Services

Sutton, London
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Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location. Photo 1
Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location. Photo 2
Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location. Photo 3
Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location. Photo 4
Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location. Photo 5
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Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location.Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location.Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location.Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location.Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location.
  • Status

    FOR SALE

  • Date Submitted:

    13/01/22

  • Advert ID

    254441

  • Leasehold: £65,000 (Stock at valuation)
  • Rent: £16,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Central Position in Affluent Village
  • With Car Park
  • New Lease
  • Accounts Available
  • Large Business for Sale
  • Close to Local Amenities
  • Fully Fitted
  • Offers Invited
  • Attractive Business
  • Established Business
  • Retirement Sale
  • Town Centre location
  • Potential for Alternative Use
  • Prime Location

Business Details

Freehold & Leasehold Dry Cleaning, Laundry, Repair&Alteration business for sale in a prime location.

Busy Dry Cleaning business and premises for sale in a prime central location. The business consists of dry cleaning service, laundry, repair and alteration. All jobs are done on the premises. Premises have a 3-phase electricity.

The business is equipped with all necessary equipment: Union dry cleaning machine, gas steam boiler, spotting table, steam cabinet, two bagging machines, two washing machines (18 and nine kg) and two tumble dryers, two industrial and a domestic sewing machines. The business is available as a leasehold or freehold (982 years lease).

The business gives a substantial income and currently is being run by two owners and part-time staff. It consists of dry cleaning, laundry and repair&alteration - all of them are being carried out from the premises. The Repair & Alteration has an outstanding reputation being built up by two highly experienced repair ladies, one of them are happy to stay with the new owner. Currently, it can give a huge opportunity if it goes into the right hands as so many dry cleaners are being closed down around and with new businesses opening which need their staff uniform and other items being washed and dry cleaned on a regular basis and as such can bring a good income to the owner (hairdresser and barbers, bar, cafes and restaurants, butchers and similar small food shops, etc. ). The business currently has a few long-lasting contracts.

Shopfront was recently fitted with new key-operated shutters and all windows and doors were replaced.

There is a free customer parking to the front of the shop

Business is run by husband and wife with the help of one staff

Shop use A1

3-Phase electricity

Video cameras on the premisses

Opening hours: 9-6 Monday-Friday; 9-5 Saturday; Sunday closed.

For an extra income shop could be divided into two premises, one of which could be let out.

Business Rate - Nil.

No VAT

Local Authority - Sutton.

For those who are interested in buying a freehold of the ground floor business premises they are being sold on 985 years lease /virtually freehold/, and consists of ground floor shop premises, approximately 65 m2, flat above, sold on 125 years lease in 2007, and a loft with good opportunity for the loft conversion. Please get in touch about the details.

Only serious buyers are welcome. We would like to see the money in place before any viewings are being carried out.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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