Established And Busy Commercial Laundry In Penzance For Sale

Business description

Family run commercial laundry serving the Land's End peninsular in West Cornwall. Established for nearly twenty years. Sale only because current owners wish to retire. Business throughout the year but much busier in the summer months. There is plenty of room for expansion for someone younger and with vision to go and get what is out there.

Property information

Property:

Leasehold

Lease terms:

Several years left to run, Three yearly rent review.

Leasehold rent:

£17,788.92 per annum

Location:

Long Rock Industrial Estate

Premises details:

Beehive unit

Business Operation

Expansion potential:

Plenty of room for expansion as there are many hotels, restaurants, guest houses and self catering that we have not contacted yet.

Competition / Market:

Launderettes and one other small laundry serving St Ives

Reasons for selling:

Retirement

Trading hours:

Monday to Friday, hours variable according to season.

Employees:

3 full time, 1 part time, driver

Years established:

18

Other information

Support & training:

Current staff are fully trained to our exacting standards.