Launderettes for sale in Reading

View the "WELL ESTABLISHED LAUNDRETTE & DRY CLEANING BUSINESS - CIRCA 1,000SQ.FT. / 93M² - EASY TO RUN - NO STAFF - BUSY AREA - DEDICATED PARKING - WOKINGHAM ROAD, READING, BERKS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

WELL ESTABLISHED LAUNDRETTE & DRY CLEANING BUSINESS - CIRCA 1,000SQ.FT. / 93M² - EASY TO RUN - NO STAFF - BUSY AREA - DEDICATED PARKING - WOKINGHAM ROAD, READING, BERKS

Reading, Berkshire, England

  • Leasehold Price: £75,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £1,500
Seller Reference: C.6842
Request DetailsEmail email
Business Description
 
 
 
 
Image 1 of 4 video_library
Seller Reference: C.6842
Request Details
Business Description
WELL ESTABLISHED LAUNDRETTE & DRY CLEANING BUSINESS - CIRCA 1,000SQ.FT. / 93M² - EASY TO RUN - NO STAFF - BUSY AREA - DEDICATED PARKING - WOKINGHAM ROAD, READING, BERKS

Conveniently situated within close proximity to Reading University and highly visible to passing trade with dedicated parking for up to 6 cars. The laundrette serves customers located in and around the busy Wokingham Road and Earley area in Reading, Berkshire.

The Premises are held on a 16 year’ renewable lease with, we are informed, about 12 years remaining at a current rent of £13,200 per annum exclusive of rates. Rateable Value - £14,250 (circa £250per month payable).

Spacious Well Fitted Shop (approx. 800sq.ft) very smart with suspended ceiling, air conditioning, flatscreen T.V., CCTV & monitor). Well equipped (all owned):- Washing machines:- 4 x Primus 7 (7kg), 4 x Primus 10 (10kg), 3 x Electrolux Wascatorw 160 (16kg’s), 1 x JLA (25kg). Dryers:- 4 x Speed Queen, 4 x Fabricare - slimline, 1 x JLA D50. Dry Cleaner:- Firbimatic S.R.L. Ironing machine:- Vapor Ghidini.

Workshop / Storeroom area (approx. 200sq.ft) including equipment maintenance and repair tools / parts, compressor to run Dry Cleaning Machine & Ironing Machine, Worcester Combi Boiler (less than a year old), very large water tank, additional water heater - Lochinvar, water softener system (£50 per month maintenance) etc…

Cloakroom and Yard at the rear.

EPC Rating:- D-77

The shop has more than 40 years of established use, operated by current owners for 4 years. Exclusively run by 2 owners with no staff members. Very little overheads. Equipment is maintained and serviced inhouse by the owners themselves. We believe that a buyer with renewed vigour and enthusiasm would probably achieve higher levels of trading.

We are advised that current Takings (before Covid19 Lockdown) averaged circa. £2,000 per week. Now Takings are around £1,500 per week with high levels of profit. Dryers and Washing Machines are coin operated. Dry Cleaning is priced accordingly with delivery service available.

Price required for goodwill, lease, tenant’s fittings, fixtures, utensils & equipment:- £75,000 STOCK EXTRA AT VALUATION
Tenure:
Leasehold
Location Details:
Conveniently situated within close proximity to Reading University.
Leasehold Term:
The Premises are held on a 16 year’ renewable lease with, we are informed, about 12 years remaining at a current rent of £13,200 per annum exclusive of rates.
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image