Hilton Smythe are delighted to welcome to the market Ashley's Alterations and Wardwick Dry Cleaners. The store has a beautiful shop which fits in well with the architecture of the surrounding area. The business was originally established in 1999 by our client and has been a success ever since.
The business specialises in alterations and repairs for clothing, zips and tailoring. They also offer a dry cleaning service for designer gowns, suits and also intricate items such as clothes with sequins.
Our client is now looking to sell the business due to the desire to take a well-deserved retirement. For the new owners there is mass potential to increase the already high turnover. They can do this in several ways as follows.
The business has been run for many years and in the last 10 years the price list of the services on offer have not been increased. The new owner could look into increasing prices and open longer hours. With so many loyal customers at the store, there is room to introduce a loyalty scheme that will benefit both customer and owner.
The business offers such a fantastic service and could improve this by offering a delivery and collection service, this should increase the amount of customers, as this will benefit the busy lifestyles of the people that live in this fast paced area.
There are several places the business could advertise their services one way they could do this is to approach local business, they could offer the dry cleaning service to restaurants and also hotels. The business specialises in alterations and could see the mass of local business like Marks and Spencer’s, also Dunn and Co which the business used to do lots of work for. The company may also consider wedding fairs to advertise their professional wedding dress cleaning service.
Ashley's Alterations and Wardwick Dry Cleaners is situated in a prominent trading position in Derby, Derbyshire. The business is situated within a parade of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with a bus stop directly outside the property. In the area are many bars and restaurants with a large range of retail outlets. Next door to the property is a hair salon, estate agents and also a restaurant. Directly facing the property is a museum and art gallery, the area is fantastic with a historic feel to the properties in the area.
Just a short drive away from the business is the extensive Intu Derby shopping centre, which brings in a mass amount of footfall from towns all around, this increases the amount of customers for the business. The well-known shopping centre brings customers in through the motorway links which are located close by, these motorways link Derby to other major towns like Sheffield, Leicester, Stock on Trent, Nottingham etc.
The business is close by to the beautiful Derby River Gardens which is set along the River Derwent. This part of the city is fantastic with so much opportunity and is such a brilliant place to live.
The Business occupies two adjacent shops, one for the alterations side of the business and the other for the dry cleaning
Dry Cleaning shop
Large windows to front creating a light and airy shop, tiled flooring, high ceilings, Tongue and groove panelling to walls, bespoke wooden L-shaped counter, window display plinths ,hanging rails ,changing booth,’Firbimatic’ S2118 dry cleaning machine with 40kg drum and which uses hydro carbons to clean clothes which is kinder to the environment. The premises are secured at night by ornate detachable metal grilles
Preparation Finishing and Pressing Room
Wood effect vinyl flooring, hanging rails,’Firbimatic’ spotting machine,’Barbanti’ top of the range pressing machines x2,’Skyrobe’ bagging machine.
Window to rear, Compressor,’Camptel’ industrial boiler, Beko washing machine,’ White Knight’tumble dryer. Sink with drainer and water heater above and cupboards beneath, Water tank for dry cleaning machine, door to rear yard and WC
Large windows to front creating a light airy shop with window display plinths, customer seating, carpeted floor, wooden bespoke counter, perimeter hanging rails, two changing rooms
Wood effect vinyl flooring, five work stations each with its own sewing machine, built in storage cupboard, fluorescent lighting, perimeter shelving, hanging space for zips etc.
With a run of worktop, Enamel sink with water heater above and cupboard beneath, space for fridge and microwave, door to a good sized room currently used for storage but with potential for use as an office
With window to side, two work stations each with its own overlocking machine and hanging rails
With barred window to rear, cutting table, pressing table and perimeter shelving, hanging rails
The Business is immaculately presented with distinctive signage and addition A boards and giving the business a high end feel.
To the rear of the business is a secure yard, currently unused although there is a brick built WC which is used for the storage of dry-cleaning solvents.
We are advised that the business is Leasehold
Original lease length 5 years
Remaining length of lease rolling lease
Rent £24,000 per annum.
Business opening times-
The business is run and managed by our client with the help of 3 full time members of staff
We are advised the turnover for the business is around £150,000 per annum.
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