Reputable business in affluent location.
High turnover operation with multiple revenue streams.
Excellent profit margins.
Extensively fitted and equipped premises.
New dry cleaning machine installed.
Forms part of a busy parade with designated parking.
Wedding dress cleaning business growing dramatically.
High levels of repeat and referral business.
Leasehold Offers in the region of £145,000 are invited.
- Asking Price:
- £145,000 Furniture / Fixtures included
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
We are verbally informed that the premises are held on a 10 year lease from 2011 at a rent of £18,995 per annum including VAT.
- Leasehold Rent:
-
£18,995 per annum
- Location:
-
The business is located within a busy parade which is the premier shopping area serving this affluent suburb to the north west of Newcastle upon Tyne. The location provides easy access to the A1 Western Bypass via the A696 and the City centre can be reached in less than 30 minutes.
- Premises Details:
-
Ground floor lock up retail unit.
- Size in square feet:
- 878
- Energy Performance Rating:
- B
Business Operation
- Expansion Potential:
-
In addition to the dry cleaning the business offers a bespoke wedding dress cleaning service which cleans and then boxes the dresses. This is an expanding element of the business which is proving to be extremely popular and our client has an excellent reputation in this specialist field.
The business has recently benefited from a brand new dry cleaning machine.
- Reasons for selling:
-
Other business opportunity.
- Employees:
- Owner operated.
- Years established:
- Opened in 1998
Other Information
- Relocatable:
- This business can be relocated.
