Launderettes for sale in London

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Laundry Business for Sale In London | Notting Hill | Spacious Basement

London, England

  • Leasehold Price: £175,000  Price Reduced arrow_drop_down
  • Annual Turnover: £197,000
Seller Reference: NOTTING HILL_LAUNDRY
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: NOTTING HILL_LAUNDRY
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Business Description
Laundry Business for Sale in London | Notting Hill Gate London

Established over 40 years, this successful Dry Cleaning & Laundry business is perfectly located in an affluent area surrounded by Notting Hill, Bayswater & Westbourne Green and comes with a spacious basement with Kitchen, Office & WC.

The immediate area is mixture of small businesses, offices and dominated by residential area helping this business to thrive.

The business specialises in all types of of commercial laundry services which includes dry cleaning, textile cleaning, fine linen, wedding dress cleaning, UGG boots, leather boots and bags, garment cleaning, tailoring, repairs and alterations.

Lease: Expires 17th Feb 2032
Passing Rent: 31,200/yr
Rent Review Term: 3 yrs
Next Rent Review: Feb 2020
Rate: 15,600/yr
Weekly Turnover: Circa £3,800

Equipments:

Dry Cleaner x 1 (Around 2 yrs old)
Wet Cleaner x 1 (Around 2 yrs old)
Total Washing Machines: 6 (30kg x 3) (16kg x 3) (5yrs old)
Dryers x 6
Jacket Former x 1
Sewing Machines x 2
Ironing Table x 1
Presser x 1
Garment Packaging Machine x 1
Trading hours:
Monday to Saturday: 8am to 7pm Sunday: 10am to 5pm
Number of employees:
5
Tenure:
Leasehold
Location Details:
Perfectly located in an affluent area surrounded by Notting Hill, Bayswater & Westbourne Green and comes with a spacious basement with Kitchen, Office & WC. The immediate area is mixture of small businesses, offices and dominated by residential area helping this business to thrive.
Leasehold Term:
15 years from Feb 2017 Leasehold Rent: £31,200 per annum Rate: 15,600/yr
Listed by:
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