LOCATION: Retail shop on main road position located in the center of the residential area no business competition near to overground station and bus stop having a large footfall. The area is under regeneration and huge residential development of 3500 flats just behind the shop.
OVERVIEW: The shop has A1 license and is on leasehold the business has been long established fro last 15 years in the same hand has a good client base and a reputation in the area.
The business is fully equipped with required machines for the trade, has two commercial washers of 40kg and 20Kg, Two regular washers of 10Kg and 12Kg, two tumble dryers, Commercial Boiler with controlled flame 4VT series, Dry Cleaning Machine, Finishing Tabel, Halfman Press,besides dry cleaning they do the alteration to the clothes which is an added advantage
The shop size is approx. 840 sqft. Has off-street parking free for 30 minutes.
TERM: Leasehold for 15 years and rent review every4 years.
Turnover: The shop has a sale of £1400 per week, and has the potential to take the business to £3000 per week.
Financials and Price: The business is marketed for the goodwill of £50,000.
Rent: £11,000 per annum
Business Rates: Small Business rates relief.
Timings: Monday to Saturday from 8.00 a.m to 07.00 p.m. Sunday Closed.
BTC to be retained
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