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Well equipped LAUNDERETTE plus DRY CLEANING & IRONING SERVICE

Price:
Leasehold - £48,000
Turnover:
Register to view
Seller Ref:
M3440
Location:

Hertfordshire

Business Type:

Service Businesses

See Other:
Dry cleaners for sale in Hertfordshire
Launderettes for sale in Hertfordshire
Service businesses for sale in Hertfordshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Layby in front of parade providing customers parking and additional ample free parking nearby.

SPACIOUS LAUNDERETTE with tiled floor, fluorescent lighting. Fully equipped including 3-7 kilo Electrolux front loading washing machines, 1-10 kilo Norwash (Electrolux) front loading washing machine, 2-15 kilo Electrolux front loading washing machines, 1-20 kilo Electrolux front loading washing machine, 5 loadstar 30/30 gas tumble dryers etc. Serving hatch/counter.

Kitchen area

Rear store area with boiler, water softner, water tank

Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £800/£900 p.w. in our opinion offering further potential to increase, especially with the introduction of collection and delivery. We understand the business enjoys a very good ironing customer trade plus additional turnover from the dry cleaning agency.

Charges:
7 kilo wash £3.40
10 kilo wash £4.00
15 kilo wash £5.00
20 kilo wash £6.00

Service washes are charged at £4.00 per bag plus standard charges

Tumble Dryers charged at 20p for approximately 3 minutes


We understand the premises are held on a secure renewable lease from a Property Company, the present lease expiring in August 2012 at a rental of only £5,800 p.a. exclusive of rates for the remainder of the term. We understand the present tenant has received confirmation that the lease is to be extended for a further 10 years from the 17th August, 2012 at a rental of £6,250 p.a. exclusive of rates for the first 5 years with upward only rent review after the first 5 years.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £48,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, residential area, not far from the Canal Network, HERTFORDSHIRE
Trading Hours:
Monday - Friday inclusive - 8.30 a.m. - 5 p.m.
Saturday opening - 9.30 a.m. - 4 p.m.
NO SUNDAY
Accommodation:
Shared yard at rear
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