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KENT SURREY BORDERS. LONG ESTABLISHED DRY CLEANERS & LAUNDRY BUSINESS WITH

Price:
Leasehold - £650,000
Turnover:
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Seller Ref:
OT1960
Location:

Kent

Business Type:

Service Businesses

See Other:
Dry cleaners for sale in Kent
Launderettes for sale in Kent
Service businesses for sale in Kent
Description:
THE BUSINESS:
The business comprises a professionally set up and operated Dry Cleaning & Laundry Service, with Ironing, Alterations and Repairs. The business has been in our Clients hands since 1987 and is for sale to include a valuable inventory of trade fixtures fittings and equipment as well as two delivery vans, both of which are liveried.
Location Details:
Situated in the London Borough of Bromley England and some 10.3 miles (16.6 km) south east of Charing Cross, with excellent road and rail links to London, and very much a ‘Commuter Town’. Historically, the Town dates back to early settlements and actually lies on the line of a Roman road. The Prime Meridian passes through the Town which was mentioned in the Domesday book. Until the 1900s, the Town remained a small village but the inter-war period saw rapid development and transformation into a suburb, facilitated by the arrival of the railway which opened in 1882. This is now a suburb of Greater London, after the London Government Act 1963, and was absorbed into the London Borough of Bromley. Like many suburbs of Greater London, the area consists of local retail outlets, pubs, restaurants and primarily 1930's housing.
Lease Terms:
Our Client owns the Freehold interest, and is willing to grant a new 20 year lease, subject to upward only rent reviews every fourth year, at a commencing rent of £38,000 per annum.
Trading Hours:
Monday to Friday from 7.30am to 6.30pm, closing at 5pm on Wednesdays. Saturday’s 8.30am to 6pm. Clos
Accommodation:
These parts are self contained with their own front door located between the two units, and are arranged as follows: 1st Floor:3 Bedrooms. Galley Kitchen. Shower & WC. 2nd Floor: 2 Bedrooms. Kitchen. Bathroom & WC. These parts are currently let by our Client, and in our opinion, are capable of producing a rental income of around £21,000 per annum.
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