Dry Cleaning Business, Rayleigh
£112.89 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,280 sq ft
119 sq m
- SECTOR
High street retail property for sale
Description
Benefiting from an ideal 52/48 income split between dry cleaning and garment alterations, the business enjoys reliable, year-round trade. A new lease will be granted, with terms to be agreed, subject to the landlord's approval and the usual references.
Extensive Machinery & Equipment Included
The premises are comprehensively equipped with high-quality industrial machinery, all maintained to excellent environmental and operational standards, including:
- Maestrelli 350C Dry Cleaning Machine – 35lb compact unit with built-in compressor, second separator, carbon recovery unit and pump-out racking, compliant with current environmental permit standards.
- Battistella Press with integrated 12kW boiler (purchased new just over two years ago).
- Miele 22lb Industrial Washing Machine with programmable wash cycles.
- Electrolux T5550 55lb Industrial Gas Dryer in excellent condition.
- Rotondi 36kW Electric Boiler with stainless steel water tank, fully connected as a backup system.
- Professional Spotting Table with air pistons and built-in vacuum.
- IPSO 16lb Rigid Mount Washer for dedicated cold-wash cycles.
- Fully insulated steam pipework for improved energy efficiency.
- Complete alterations workshop including:
- 2 Industrial Sewing Machines
- 2 Industrial Overlocking Machines
- 1 Industrial Blind Hem Machine
- Extensive stock of zips, threads, needles, spare parts and accessories.
A genuine reason for sale will be disclosed upon viewing.
An internal inspection is highly recommended to fully appreciate the size, specification, equipment and overall setup of these adjoining premises.
Unrivalled Local Presence
Established for over 20 years with no direct local competition.
Extensive Dual Premises
Extensive Dual Premises Trading from two adjoining shops, established for over 30 years, extending to approximately 1,280 sq ft.
Additional Rental Income
Includes a self-contained two-bedroom flat, currently generating £1,200 pcm (£14,400 per annum), significantly offsetting the annual rent.
Balanced & Profitable Revenue
Stable 52/48 income split between traditional dry cleaning and garment alterations. Current level earnings ensure a very quick Pay Back Period for any investor. Verifiable details would be provided to the interested parties when visiting the shop.
Turnkey Business
Fully staffed with experienced employees and offered as a genuine going concern.
Flexible Handover
The owner is willing to leave on completion or remain for a comprehensive handover of up to three months (subject to agreement). Full training and ongoing support are available, making this an ideal opportunity for buyers with no previous industry experience.
Tenure
Two new leases are available for terms to be agreed, with the primary shop offered at £22,500 per annum a figure substantially offset by the included self-contained two-bedroom flat, currently generating £1,200 pcm (£14,400 per annum) in rental income. The adjoining lock-up shop is available at £9,750 per annum exclusive.
Business Rates
One shop has a rateable value of £17,000 and we are advised the current rates are payable at £5,665 per annum. The other shop we are advised has no business rates payable.
Legal Costs
Each party are to be responsible for their own, with the landlords legal costs to be split 50/50.
Administration Fee
Following the agreement of terms, the prospective tenant or buyer is required to pay an administration fee of £200 + VAT to Gilbert & Rose Commercial Limited. This covers the full cost of referencing, identity checks, and suitability assessments.
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.
Dry Cleaning Business, Rayleigh
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rayleigh Station0.3 miles
- Hockley Station2.7 miles
- Battlesbridge Station3.2 miles
Notes
Disclaimer - Property reference RX821738. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gilbert and Rose Commercial, Essex Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.