FREEHOLD DRY CLEANERS AND LAUNDRY BUSINESS LOCATED IN WORTHING

  • Freehold Price: £260,000
Worthing, West Sussex, England
Seller Ref:6614M
For Sale

FREEHOLD DRY CLEANERS AND LAUNDRY BUSINESS LOCATED IN WORTHING

Worthing, West Sussex, England
Seller Ref:6614M
  • Freehold Price: £260,000

Overview

Seller Ref: 6614M

Description

This established dry cleaners and laundry business has been under the current vendors stewardship for 19 years and during this time has developed an excellent repeat trade with both domestic and commercial clients. They offer a complete laundry, ironing and dry-cleaning service and will also collect and deliver items. The vendor now only wishes to sell, due to relocating. The business is located on a busy parade of shops in Worthing and is surrounded by residential properties.

THE FREEHOLD PREMISES: The business occupies a double fronted unit on a busy parade of shops in Worthing, and comes to the market in excellent condition. On entering the dry cleaners, you walk into the reception area with a fitted serve over counter which includes an EPOS. To the rear of the premises is a Firbimatic dry cleaning machine, an air compressor, a water softener, two Firbimatic ironing tables, one semi commercial washing and one 10kg domestic washing machine. There are also 3 semi-professional tumble dryers located to the rear of the premises. To the rear of the premises is also the staff toilet with wash hand basin. Access to the premises one parking space is from the very rear of the building. There is ample parking available to the front of the building for customers. The building is also fitted with CCTV and an alarm system. Please note the sale includes the ground floor and rear parking space only.

TURNOVER: At present the vendor works full time in the business, with the assistance of one full time and two part time staff members. The business trades between 9am-3pm Monday, Tuesday, Thursday and Friday, then 9am – 1pm on Saturday. Accounts are available upon request to any bona fide purchaser. At present 60% of turnover is domestic trade with 40% consisting of commercials clients. The vendors are happy to offer a handover/training period as part of the sale. All fixture and fittings are included in the sale, as well as a transit van which is used for deliveries. The vendors currently have a number of commercial contracts with restaurants, guest houses and bars in Brighton and Hove, however there would be enormous scope to increase turnover by expanding this side of the business to also include Worthing and surrounding areas.

RATES: We have been verbally informed that the business receives the benefit of the Small Business Rate Relief and the amount payable at the present time is zero. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: Solid repeat commercial and domestic customer base. This business was personally inspected by the vendor sole selling agents. Offering a full range of services. Freehold sale. A wealth of valuable fixture and fittings. Early Inspections Advised.

PRICE: We are instructed to quote for the freehold, goodwill, equipment, trade fixtures and fittings (including the website and client list) Price £260,000

LEGAL FEES: Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090.

ENERGY PERFORMANCE CERTIFICATE: Our client has been informed an EPC should be made available for this property.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.
The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor

Trading Hours:
The business trades between 9am-3pm Monday, Tuesday, Thursday and Friday, then 9am – 1pm on Saturday.
Number of Employees:
3
Support and Training:
yes
Location Details:
The business is located on a busy parade of shops in Worthing and is surrounded by residential properties.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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