House · DA7 4QU
To rentListed 573 days · slow let
Opportunity summary
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About
Established Dry Cleaning Business for Sale ***excellent location*** Bexleyheath to let £22,000 pa plus £80,000 premium for goodwill and equipment.
Harpers & Co are delighted to offer this established dry cleaning business in a fantastic location in Bexleyheath on the busy Pickford Lane.
The ground floor lock up unit enjoys excellent footfall and good parking with free timed bays to the front.
The shop has an attractive despatch area and changing room for alterations and then to the rear is largely open plan with hanging rails and the the washing and drying equipment one would expect from such an operation.
This retirement sale presents a unique opportunity for an operator to resume the reigns of a business with a good customer database.
Enquiries re income and sales to be discussed in private with the vendor. Serious enquiries only through Harpers & Co.
Location This well-located unit is situated on the busy Pickford Lane in Bexleyheath, a short walk from Bexleyheath mainline train station.
The unit enjoys very good footfall with excellent vehicular passing trade. To the front of the unit is a wide pavement affronted by several free time restricted parking bays.
Pickford Lane is a busy thoroughfare and is used frequently by the local community.
Description This very well decorated commercial unit has been trading as a dry cleaner for several years and it is only due to retirement that the owner is seeking to sell the business as a going concern.
The unit is approximately 90 square metres (920 square feet) and is typical of dry cleaners whereby it has an attractive receiving front where garments are dispatched, with a changing room, reception and then to the rear an open plan hanging, drying and washing area with all the equipment therein.
Interested parties can be provided with a list of equipment and sales/income on request.
Terms This unit is offered To Let for a rent of £22,000 per annum and a premium for fixtures and good will is sort of £80,000 as a one-off payment.
The freeholder is happy to provide more information on income and sales upon request. VAT This property is not elected for VAT.
Legal Terms Each party is requested to pay their own legal fees in this transaction. Rateable Value Applicants are encouraged to make their own enquiries to the valuations office
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 39, Pickford Lane, Bexleyheath
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