An excellent opportunity to take over this well-located dry cleaners, situated on a popular parade on Horn Lane. The property enjoys a prime position, surrounded by new-build apartments and is conveniently close to Acton Main Line Station (Elizabeth Line/Crossrail), North Acton Tube Station, and the A40 motorway. Premium: £55,000.
Current Business: "Pristine Dry Cleaners" is an established dry cleaning business with a solid reputation. It boasts a loyal customer base, reflected in its strong online reviews, making it a ready-to-operate opportunity for the new owner.
Further benefits include a rear access to the property.
Location
The premises are ideally situated in a bustling residential area. It's only a short walk from the densely populated Victoria Road, home to many students and professionals. Acton Main Line (Elizabeth Line) and North Acton Tube Station are both within close reach.
Accommodation
Approx. 480 sq ft.
Terms
Lease: 16 years from 2010 (renewable). The landlord has confirmed the possibility of a new lease if required. Full repairing and insuring lease.
Rent: £12,300 pa
Premium: £55,000, including goodwill, fixtures, and fittings. The premium reflects the value of the existing business and the ready-to-use equipment. Rent reviews are based on the property's condition before refurbishment.
Rates: The rateable value = £11,000 before any reliefs or discounts. Eligible for 100% business rates relief. Interested parties must verify these figures with London Borough of Ealing.
Legal Costs: Each party will be responsible for their own legal costs in the transaction. The incoming tenant will cover the landlord's reasonable legal fees.
Specification
- Ready-to-operate opportunity
- Close to Acton Main Line Station (Elizabeth Line/Crossrail)
- Eligible for 100% business rates relief