• 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
- Asking Price:
- £90,000 Furniture / Fixtures included
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
We are verbally informed that a new 10 year lease is available at a commencing rental of £19,000 per annum plus VAT. Full details on application.
- Leasehold Rent:
-
£19,000 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:
-
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 business matter.
This is an extremely reputable business and has the benefit of offering a broad range of services in addition to the more traditional dry cleaning. The plant on site has seen significant investment in both the branding and the equipment.
This is an extremely rare opportunity and offers a new owner huge scope to develop the business further.
The business owner only operates for limited opening times due to personal family commitments and there is an opportunity to increase turnover further with extended hours.
- Energy Performance Rating:
- B View EPC Graph for this property
Business Operation
- Reasons for selling:
-
The business owner only operates for limited opening times due to personal family commitments and there is an opportunity to increase turnover further with extended hours.
- Trading hours:
-
Trading Hours
Monday – Friday 9.00am – 5.30pm
Saturday 9.00am – 4.00pm
Sunday Closed
- Years established:
- 25 Years