Commercial Laundry, Launderette & Dry Cleaning (Confidential Sale)

  • Price: £895,000
  • Freehold Price: £895,000
  • Leasehold Price: £325,000
Norfolk, England
Seller Ref:Q35748E
For Sale

Commercial Laundry, Launderette & Dry Cleaning (Confidential Sale)

Norfolk, England
Seller Ref:Q35748E
  • Price: £895,000
  • Freehold Price: £895,000
  • Leasehold Price: £325,000

Description

COMMERCIAL LAUNDRY, LAUNDERETTE & DRY CLEANING – NORFOLK/SUFFOLK (CONFIDENTIAL SALE)

Well-established commercial laundry service business ideally situated along the picturesque Norfolk/Suffolk coastline, with a substantial client base of over 300 commercial clients. This venture comes fully equipped with an array of assets and equipment, including three vans. Providing additional convenience, the business offers client parking and service washes. Its high street presence extends to a profitable launderette and dry cleaning service. With consistently strong turnover and profit levels, this enterprise is available as either a freehold or leasehold option, encompassing approximately 8,000 square feet of space. This confidential sale represents a rare chance to acquire this thriving business.

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL SALE: This listing is confidential at the vendor’s request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.

ADDITIONAL INFORMATION

REFERENCE NUMBER: Q35748E.

OPENING HOURS: 9:00am to 5:00pm Monday to Friday. Saturday 9:00am to 2:00pm. Closed Sunday.

TENURE: Freehold or Leasehold. The High Street Launderette and Dry Cleaning shop is available on either a freehold or leasehold basis, with the two commercial units where the Commercial Laundry business operates from being available on either a long leasehold basis, or on a short commercial lease. Terms to be discussed and negotiated with interested parties.

RENT PAYABLE: If all three units are taken on a short commercial lease basis the rent payable will be in the region of £50,000 p.a. If acquired on a freehold/long leasehold basis then the rent payable will be the ground rent charged by the freeholder which is currently £800 p.a.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the existing leases or the grant of new leases.

RATES PAYABLE: This information will be provided upon request.

EPC: All 3 properties have an Energy Performance Certificate rating of ‘B’ with a score of 46.

PRICE: £895,000 for the Freehold/Long Leasehold. £325,000 for the Short Leasehold interest. For the benefit of the goodwill, fixtures, fittings & equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That’s our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

DISCLAIMER

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Number of Employees:
9
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA
Website address:
https://www.emfgroup.com/businesses/view/Q35748E/commercial-laundry-launderette-dry-cleaning-confidential-sale

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