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Ian McGregor (Nov 2013)
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Leasehold Price: £90,000 Annual Turnover: £78,000
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Business Description
LOCATION: The premises are prominently located on popular Finchley Road on a parade & located close to the 02 Centre, local shops and high street retailers, and Habitat. The local stations are Finchley Road & Frognal & Finchley Road.

DESCRIPTION: Currently trading as dry cleaners established and trading for last six years. The business is to be sold as a going concern with benefit of all equipment, full inventory and accounts are availabe upon request. The property benefits from air conditioning, alarm, three phase power, all equipment including shirt presser, body plant boiler and compressor are included in sale subject to premium

USES: A1

PREMIUM: £90,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: £15,000 per annum

TERMS: The property is available by way of assignment of existing lease being 10years from November 2015, at a passing rent of £15,000pax. Next rent review is due in November 2020

BUSINESS RATES: We have been advised by the client that the current rates payable are £4,000 per year However, all interested parties are encouraged to make their own enquiries with Borough of Camden

SIZE: Approximately 480 sq ft

OPENING HOURS: Monday - Saturday 08.00 a.m till 07:00 p.m & Sunday closed.

STAFF: Owner managed with 1 staff

TURNOVER: Current turnover in excess of £78,000 per annum approximately

LEGAL COSTS: Each party is to bear their own legal cost.

LOCAL AUTHORITY: Camden

REFERNCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Through London Properties by appointment only.
Trading Hours:


Current turnover in excess of £78,000 per annum approximately


Number of Employees: Owner managed with 1 staff

Tenure: Leasehold

Location Details:

London Properties are please to offer to the market this A1 uses shop unit currently trading as dry cleaners established and trading for last six years. The business is to be sold as a going concern with benefit of all equipment, full inventory and accounts are available upon request. The property benefits from air conditioning, alarm, three phase power, all equipment including shirt presser, body plant boiler and compressor are included in sale subject to premium. The premises are prominently located on popular Finchley Road on a parade & located close to the 02 Centre, local shops and high street retailers, and Habitat. The local stations are Finchley Road & Frognal & Finchley Road. Internal viewings are highly recommended through London Properties by appointment only

Leasehold Term:

The property is available by way of assignment of existing lease being 10years from November 2015, at a passing rent of £15,000pax. Next rent review is due in November 2020

Listed by: London Properties
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