Property ID : Grove Road
SOLD £95,000 - Commercial, Shop
Dry cleaning business in Sutton Town Centre Area.
Excellent potential to expand. Purchase price £95, 000 (Inc. All Equipment and fixtures/fittings).
The business has been trading for over 10 years.
Lease approx 8 years (new 15 year lease is possible). Current rent £16500 pa (just been reviewed).
Loyal customer base, Prime Location, Low rent.
The business operates from a 1, 500 sq ft (approx) dry cleaning retail space with rear access.
As well as having a successful trading shop, the business also runs a full weekday delivery & collection service within SW19 London & surrounding areas with a substantial loyal customer base built up over 10 years.
The business owns the following equipment:-
• Epos Dry Stream till system with touch screen and mini printer Marketing slideshow TV with ibm pc & software;
• Fibimatic Spa dry cleaning machine;
• Renzacci steam iron system;
• Hawo heat/seal clear bagging machine;
• Hoffman hot head press;
• Hoffman collar & cuff press;
• Jla 40 industrial washing machine;
• Jla T50 dryer;
• Camptel steam cabinet;
• Camptel dry cleaning press;
• Sidi modial spotting machine;
• Barbanti Carlo steam iron;
• Sankosha shirt master;
• Rotondi boiler;
• Hydrovane Compressor x 2.
All equipment which totals over £250, 000 if purchased from new is fully paid for and owned by the business and is approx 5 years old.
The business is run by 2 full time and 1 part time staff. In addition there is a part time driver.
There is huge potential to expand the collection and delivery to local areas and also to commercial businesses as we only deal with private households.
Trading hours – 09:00 – 19:00 Mon – Fri & 09:00 – 16:00 Sat.
Viewings are by appointment only – please contact us now to make arrangements…
** Please note that rates maybe payable. For an accurate assessment of the rates please contact the local authority **
** All measurement’s / dimensions (where provided) are approximate where quoted. For guidance only and Mujifat Ltd cannot take responsibility for any error or misstatement – Nor can be relied upon on a basis of valuation **
** References to appliances and/or services do not imply that they are necessarily in good working order or fit for the purpose **
** The particulars as described do not constitute or form part of an offer or contract, nor can they be regarded as representations **
** All interested parties solicitor must verify the tenure/lease information, fixtures plus fittings including all planning/building regulation consents and each party is responsible for their own costs in transactions **
** Money laundering regulations – Intending buyers will be asked to produce identification and documentation at a later stage and we will ask for your co-operation in order that there will be no delay in agreeing the sale **