Old established LAUNDERTTE
Price:
Leasehold - £25,000
Location:
London, South London
Business Type:
Service Businesses
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED PREMISES approx. 16' frontage by in the region of 40' depth with tiled floor. The equipment includes 9-16lb Ipso front loading washing machines, 2-30lb Ipso front loading washing machines, 3-30lb Electrolux front loading washing machines, 2 large spinners, 6 gas tumble dryers, 2 soap dispensers, 2 boilers, water tank etc.
Staff clokroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £750 p.w. including service washes, in our opinion offering tremendous potential for further increase in the right hands.
Charges - 16lb wash £4.00. 30lb wash £5.00, Tumble dryers 20p every 2 minutes.
Service washes - 16lb wash £6.30. Large wash £8.30. Extra large wash (using 2 of the 16lb machines) £10.50
The vendor feels the business can be further developed by increasing dry cleaning services, Ironing services plus sale of laundry related items within launderette and extension of opening hours.
We understand the premises are held on a secure lease, the present lease expiring in 2023 at a rental of £13,000 p.a. exclusive of rates up to 2013, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £1,250 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE APRIL 2007 AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S SEMI-RETIREMENT.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, LONDON, SE
7 a.m. - 6.30 p.m. (last wash 6 p.m) seven days per week
North Yorkshire
£ 750,000
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