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WELL EQUIPPED LAUNDERETTE

Price:
Leasehold - £100,000
Turnover:
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Seller Ref:
M3166
Location:

London, South London

Business Type:

Service Businesses

See Other:
Launderettes for sale in London
Service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED PREMISES with tiled floor, ceiling with fluorescent lighting. Newly equipped approx. 5 years ago. The equipment includes 1-JLA 40 front loading washing machine, 2-JLA 30 front loading washing machines, 5-JLA 16 front loading washing machines, 4-D30/30 JLA tumble dryers, 1-D50 JLA tumble dryer, boiler motor plus water softener.

Rear office
Staff cloakroom

WE ARE INFORMED the turnover averages £1,750 p.w. in our opinion offering further potential to increase in the right hands.

We understand the premises are held on a secure renewable lease having approximately 20 years unexpired at a rental of £20,400 p.a. exclusive of rates for the next 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,900 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £100,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, densely populated residential and commercial area, LONDON, SW
Accommodation:
Parking space at rear
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