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Well established DRY CLEANERS plus LAUNDERETTE

Price:
Leasehold - £69,500
Turnover:
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Seller Ref:
M3437
Location:

London, North London

Business Type:

Service Businesses

See Other:
Dry cleaners for sale in London
Launderettes for sale in London
Service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED PREMISES with tiled floor. Razzaci Dry Cleaning Machine (we understand approx. 6 years old), Hoffman press, 1-50lb front loading washing machine, 2-40lb front loading washing machines, 4-25lb front loading washing machines, 3 gas tumble dryers, 1 double stack tumble dryer etc.

WE ARE INFORMED the turnover averages £1,200 p.w. in our opinion offering further potential to increase in the right hands. (We understand the split of turnover is approximately 55% in respect of the launderette with the balance of 45% in respect of dry cleaning.

Launderette Charges
25lb wash £3.50
40lb wash £4.50
50lb wash £5.50
Tumble dryers 20p every 2 minutes

Service washes charged as follows:
25lb wash £10.00
40lb wash £14.00
Large wash £18.00


We understand the premises are held on a secure reenewable lease, the present lease having approximately 12 years unexpired at a rental of £10,000 p.a. exclusive of rates for the next 2 years, with rent reviews thereafter.

Uniform Business Rates: £2,100 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, residential and commercial area, LONDON, N
Trading Hours:
Launderette - 7 a.m. - 10 p.m. seven days per week

Dry Cleaning Section - Monday - Saturday i
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