Specialist Dry Cleaners & Launderers In Darras Hall For Sale

Darras Hall, Tyne and Wear, UK

Asking Price:: £130,000 Furniture / Fixtures included

Turnover:: Undisclosed

Net Profit:: Undisclosed

Reputable and established business.
Good turnover with high margins.
Well equipped with substantial machinery.
Forms part of a busy parade with free parking.
Affluent suburban location.
High levels of repeat and referral business.

Property Information

Property:: Leasehold

Lease Terms:: We are verbally informed that a new 10 year lease is available at a commencing rental of £20,000 per annum plus VAT. Full details on application.

Leasehold Rent:: £20,000 per annum

Location:: The business is located within a busy and exclusive shopping parade in the heart of Darras Hall, which is the premier residential district of Ponteland. The village of Ponteland lies circa 8 miles to the north west of Newcastle upon Tyne city centre, close to the International Airport.

Premises Details:

This business was established by our client in 1998 and has been in the same family ownership since it opened. The business has been placed on the market as they wish to concentrate on another venture.

This is a highly reputable business that offers a broad range of services in addition to the more traditional dry cleaning. There has been significant investment in the equipment over the years, and the unit will be sold fully fitted and equipped.

The business owner currently operates limited opening times due to personal family commitments and there are no restrictions on trading longer.

This is an ideal opportunity for an owner operator to acquire and reposition the business. There is scope to incorporate a serviced laundry and ironing offer into the current model and the location, together with the free short stay car parking, is an ideal combination.