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Well equipped spacious LAUNDERETTE plus Dry Cleaning Receiving Shop

Price:
Leasehold - £79,000
Turnover:
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Seller Ref:
M3208
Location:

London, South London

Business Type:

Service Businesses

See Other:
Launderettes for sale in London
Dry cleaners for sale in London
Service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a well equipped and spacious Launderette in our opinion offering tremendous potential for further increase, especially with the introduction of a Dry Cleaning Machine.

IMPRESSIVE DOUBLE FRONTED PREMISES with lino floor, 11 Electrolux 15lb front loading washing machines, 2-35lb Electrolux 116 front loading washing machines, 4 IPSO 30 front loading washing machines, 1 IPSO 40 large front loading washing machine, 8 tumble gas dryers, 1 spin dryer etc.

Large basement with 2 boilers plus water softener
Staff cloakroom

WE ARE INFORMED the turnover averages £2,200 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, the present lease having 20 years unexpired from September, 2010, under rent review at the present time and we understand the landlord has requested that the rent be increased to £15,000 p.a. exclusive of rates for the next 5 years, however, we understand that this is still under negotiation.

Uniform Business Rates: £3,700 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, excellent main road trading position, LONDON SE
Trading Hours:
8 a.m. - 8 p.m. seven days per week
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