South London,London,UK, ID 139784
Six-day opening. Double-fronted premises measuring approximately 750 sq ft, equipped with CCTV (four cameras), Amtico flooring, and a suspended ceiling with feature pendant lighting and spotlights. The front of the shop includes an alterations and repairs area with sewing machine, overlocker, hemming machine, and related equipment. A granite-topped sales counter is installed, with EPOS till not included. Additional features comprise clothing rails, pigeon holes, and a slat wall system for product display and storage. A fitting room is provided, along with a staff kitchenette fitted with sink, fridge, and microwave. Cloakroom with toilet and wash hand basin. A large rear area is used for storage and benefits from existing plumbing suitable for washing machines. Location: end-of-terrace property in an excellent trading position within a residential and commercial area of South East London. Turnover: we are informed by the owner that current takings average £3,300–£3,600 per week, with an approximate gross profit margin of 70%. The approximate sales breakdown is as follows: dry cleaning and laundry 75%, alterations and repairs 18%, shoe repairs, wedding dresses, handbag restoration, and similar services 5%, retail merchandise 2%. Staffing: the business is presently operated by a manager with the assistance of one part-time tailor. Price: to include the goodwill, fixtures and fittings at £112,500, plus stock at valuation. Substantial loan available to an approved applicant.
