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Dry Cleaning Shop In Edgware For Sale

Edgware, London
Asking Price:
£90,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Available on request

This dry clean shop occupies substantial mid-parade ground floor lock-up premises ideally located on a busy main road in Edgware, Greater London. The premises benefit from ample on-street FREE parking and are surrounded by a variety of complementary shops and businesses. There are a number of bus routes serving the area and the railway and tube stations are within easy walking distance. The business boasts easy access to the A-road network and the M1 motorway is close by. Edgware is a mainly residential area and is popular with commuters. Central London is approximately 10 miles away and the M25 motorway is less than 11 miles to the north.

The owner is delighted to offer for sale this popular dry cleaners and alterations business, which was established since in 2003. The business is only now offered to the market due to our client's family problem, The premises are well-equipped to suit the trade with a large serving area and workroom with a range of alterations equipment. The business has established an excellent reputation, a loyal customer base and enjoys much repeat trade and word of mouth recommendations. The business trades 6 days a week and generates a turnover in the region of £2000 to 2200 a week. We feel this could be further increased by the right person, there is lots of opportunities to extend the business, The new owner could, if desired establish a shoe repair or key cutting service, or collection and delivery or get contracts from outside, This is an ideal opportunity to acquire an already popular dry cleaners and alterations business with huge scope for future development. Big garage at the rear of the shop generating additional income £3,900 p.a. Rental income. Well equipped, Modern fixtures & fittings,

15 yrs Lease, Rent £14,000 p.a. Business rates 00 PRICE £90,000 + S.A.V. PLZ NO TIME WASTERS.

Contact Mr Ash below for more information.

Property Information

Property:

Leasehold

Lease Terms:

15 years lease, since 2012 and renewable as well

Leasehold Rent:

£14,000 per annum

Location:

Busy main road with free parking, London, Edgware, Middlesex

Business Operation

Reasons for selling:

Family problem

Trading hours:

Mon to Sat from 8:00 am till 7:00 pm, Sunday closed

Years established:
2003

Other Information

Support & training:

Support and training will be provided if the buyer need it.

Inventory / Stock value:
£5,000

Contact Information

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