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Profitable well established IRONING SHOP plus RECEIVING DRY CLEANING AGENCY

Price:
Leasehold - £115,000
Turnover:
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Seller Ref:
M3488
Location:

Kent

Business Type:

Service Businesses

See Other:
Dry cleaners for sale in Kent
Service businesses for sale in Kent
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS SINGLE FRONTED PREMISES with tiled floor, mainly carpeted, suspended ceiling with fluorescent lighting. 4 ironing stations each with quality iron and ironing board, 1 tumble dryer, 1 washing machine. 1 Barbandi shirt machine

Included in the sale is a new Vauxhall Van

WE ARE INFORMED the turnover is in excess of £3,000 p.w. in our opinion offering further potential to increase in the right hands. (We understand from the present owner that only 5% of the turnover is in respect of service washes)

We understand the premises are held on a secure renewable lease, the present lease having approximately 16 years unexpired at a rental of £19,000 p.a. exclusive of rates up to March, 2013 with rent revuew at that time and thereafter every 4 years. (As will be appreciated with the rental income currently of £16,000 p.a from the accommodation, the net rental payable at the present time is only £3,000 p.a).

Uniform Business Rates: £1,000 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, residential area, KENT
Trading Hours:
Monday - Saturday inclusive - 8 a.m. - 6 p.m.
NO SUNDAY TRADING
Accommodation:
The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING and DOUBLE GLAZING is partly let on shorthold tenancies and we understand provides a total rental income of approximately £16,000 p.a. The accommodation comprises:

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

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