Retail Premises for sale in Marylebone, London W1

| Repayments£95,000 Offers Invited

Homes & Property present this Retail Premises for sale in Marylebone, London W1 as advertised by Intercapital Estates
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Retail Premises for sale:
Crawford Street, Marylebone, London W1


A profitable and well established running business for sale. Presently operating as a Dry Cleaners. Very well located in a prime location between Edgware Road and Baker Street, Condition of premises: Premises and all machineries, fixtures and fittings are sold in this condition.



Further details

Use: A1
Lease: 20 years from sept 2002 (14+ Years remaining)
Premium: £95,000
Rent: £18,000 P.A
Business Rates: £8244

Total Income; £47,000 gross profit year ending 2007

All fully paid and none on hire. There are some spare machinery such as compressor, boiler and dry cleaning machine pumps to avoid interruptions due to failure of such items.

The shop building is fairly new (1982) built) with a well maintained garden at the rear. Customers are from friendly upper middle class and neighbours are of friendly cosmopolitan community.

This premises run two separate businesses namely dry cleaning and laundry.

No promises, but almost free parking can be arranged within about 100 yards of shop premises.