Dry Cleaners & Laundry Services Located In Northfield

Northfield, Birmingham, B31 2JR
£14,950
Business ID:
#2476
£14,950
  • Ref: 2476
  • Type: Retail
  • Availability: Sold
  • Veritas Categories: Launderettes, Retail
  • Business ID: 2476
  • Commercial Tenure: Leasehold
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Property Features

  • Established Business
  • Sensibly Priced
  • Fully Equipped
  • 3 Bedroom Accommodation Above
  • Prominent Main Road Location
  • Ideal Starter Business
  • Leasehold

Full Details

Established Dry Cleaners & Laundry Services Located In Northfield
Three Bedroom Accommodation Above
Ref 2476

Location
This established Dry Cleaners & Laundry Services business is located within a prominent and highly visible trading position on a busy parade on the main (A38) Bristol Road South in Birmingham. This gives easy access to Birmingham city centre (6.5 miles), Longbridge (2.5 miles) and the M42 & M5 motorway.

Asking Price: £14,950

Business Description
Veritas Business sales are delighted to offer for sale this respected Dry Cleaners & Laundry Services business which is located in Northfield. The business has been established for over 15 years and has been in the careful hands of the current owner for the past 4 years. The business is now being offered for sale so that they can concentrate on other business interests. Since ownership they have made continual investment on equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Red Rose Dry Cleaners is owner operated and has an annual turnover of circa £38,000. Services include dry cleaning, laundry, ironing, alterations and they are a Hermes parcel services outlet. We believe that there is further potential to increase revenue by implementing an advertising and marketing campaign and targeting corporate work, such as hotels & restaurants. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business that would be an ideal bolt on business for an existing operator, which is a great base to build upon and as such early viewing is highly recommended as this is not to be missed.
Opening Hours
Monday – Friday – 8.30am – 5.30pm
Saturday – 9.00am – 3.00pm
Sunday – Closed
Leasehold
Original Term: 15 years
Remaining: 11 years
Reviewed : 5 yearly
Rent: £13,000 pa
Business Rates: zero

EPC Rating D
Ground Floor
Retail area comprising: serve over sales counter, sewing machine, various clothing rails, spotting table, commercial tumble dryer, commercial washing machine (Aquatex), 14KG dry cleaning machine (Mito 232). Storeroom with wall mounted shelving and sink with electric water heater. Hallway with side entrance door and stairs leading to the first floor.

First Floor
W/C
Bathroom with bath, shower over the bath and wash basin
Landing with a small storage cupboard
Kitchen
Lounge with CCTV monitor
Second Floor
Master bedroom
2 double bedrooms
The property benefits from CCTV (4 camera system), gas fired central heating and UPVC double glazing
External
Rear yard