Launderette For Sale

Business description

Chester, Cheshire

Established Business

Recently Refurbished

Roadside Parking

Good Residential Area

Internet Cafe

Leasehold

Business History:
The premises have been trading as a launderette since 1985. The current vendors re-opened the launderette in May 2007. The vendors are now looking to move to Scotland.

Business Profile:
Laundrette with internet access, also selling snacks, sweets and drinks.

Shop Area:
Modern spot lighting, anti-slip type flooring, two internet stations and sales counter.

Staff Area:
Spot lighting, anti-slip type flooring and a boiler.

Toilet / Kitchen:
Stainless steel sink and drainer and ceramic toilet.

Staffing:
1 x full time owner, 1 x part time.

Fixtures And Fittings:
A schedule of fixtures and fittings will be made available for prospective buyers.

Property information

Property:

Leasehold

Lease terms:

Financial Profile:
The vendors will be pleased to discuss all financial aspects of the business with prospective buyers.

Uniform Business Rates 2008/09:-:
Chester City Council have verbally provided the following information: Rateable Value: £4,700. Rates Payable: £2,171. Small Business Rate Relief may be claimable upon application.

Tenure:
Leasehold. The landlords are willing to negotiate a new lease at a rent of £525 per calendar month. Jolley & Co have not examined any lease documentation and a buyer must arrange for their solicitor to verify that this information is correct.

Price:
£45,000 for the goodwill, fixtures and fittings plus SAV.

Location:

Location:
Garden Lane is a good residential area and close to Chester College. The business is located within a parade of shops which include a hair dressers, sandwich bar and fish and chip shop.

Other information

Trading hours:

Opening Hours:
Monday 9:00am - 4:00pm. Tuesday - Saturday 9:00am - 5:00pm.