LAUNDERETTE

Price:

Leasehold - £47,000

Turnover:

Seller Ref:

CL001163

Location:

London, North London, Stoke Newington

Business Type:

Service Businesses

See Other:

Launderettes for sale in London
Service businesses for sale in London

Description:

THE BUSINESS:

Launderette which has been established on this site for the past 8 years by the current owners (husband &
wife team). No staff are employed and is purely operated by the owners. There is a small amount of
service washes and this area of the business could be expanded.
Advised turnover c£1,200 per week. Costs of utilities (Gas, Electricity & Water) vary between c£600 and
£700 per quarter.

Location Details:

Busy high street location in North London with many shops and multiple retail outlets in this shopping area. The residential area benefits from a high density of 'bedsits' in the close vicinity creating substantial trade.

Lease Terms:

9 years (2011) remaining on the current lease. Advised renewable within the Landlord & Tenant Act. Rent £14,500 per annum. Rates c£5,380 pa.

Trading Hours:

8.30AM-6.30 PM Seven days a week