Laundry Service Business In Ludlow For Sale

Business description

LAUNDRY SERVICE BUSINESS - SHROPSHIRE
Business to include all fixtures, fittings and equipment
Early interest and viewing is highly recommended
Annual rent of £17,906 with rates of £2,800
Advised annual turnover of £160,000
Business park location in Ludlow
Prime location just off A49
Great team of staff
Industrial unit
LEASEHOLD


Business History

We are privileged to offer to the market this thriving laundry services business. The business has been established for 7 years and has been in the careful hands of our client for the last 2½ years. This superb concern is only being offered to the market due to our clients need to concentrate on other business interests. Our client informs us that the annual turnover for the business is in excess of £160,000. 70% of the turnover is derived from commercial and corporate contracts to the hospitality market to include, luxury boutique hotels, independent hotels, bed and breakfast establishments, local restaurants and food manufacturing companies. The remaining 30% are domestic customers made up of business professionals and local residents. Customers can either take advantage of the collection and delivery service or use the drop in facility at the easy to park premises. They benefit from lots of repeat business because of their experience, knowledge and personal touch service and that's why customers return time and time again. During our clients ownership they have continually invested in equipment which is all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The business has now outgrown the current premises so with a possible relocation to bigger premises we believe that there is huge potential to increase turnover. Early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 2 years
Remaining: 1 years
Rent: £17,906 + VAT

Location:

This outstanding laundry services opportunity is situated in the medieval market town of Ludlow. It's the largest town in South Shropshire and has a population of around 10,000 people. Ludlow is bathed in history and has nearly 500 listed buildings with some fine examples of medieval and Tudor style half-timbered properties. It's accessed by the B4361 and A49 and sits 9 miles from Leominster, 6 miles from Craven Arms and 6 miles from Tenbury Wells.

Premises details:

Single storey detached industrial unit (2,460 sq ft) situated on a small business park in a superb and easily accessible area of Ludlow, briefly comprising of:

GROUND FLOOR
Door leading to reception area with trade counter and cash register

Staff room with sink drainer, fitted units, table and chairs

Changing room

General office

Ladies toilet and wash basin

Gents toilet and wash basin

Work room comprising of 3x sewing machines, 4x ironing boards with irons, 1x vacuum ironing board, 3x roller irons, 4x 9kg washers, 3x 10kg dryers, 1x 11kg dryer (On lease 2x 14kg dryers and 2x 14kg washers)

EXTERNAL
Parking for 12 vehicles


Additional Information

Sign written van included worth £2,500
Property is alarmed

Business Operation

Trading hours:

Monday: 8:00am - 5:00pm
Tuesday: 8:00am - 5:00pm
Wednesday: 8:00am - 5:00pm
Thursday: 8:00am - 5:00pm
Friday: 8:00am - 5:00pm
Saturday: Closed
Sunday: Closed