Coin Operated Launderette Close To Ealing For Sale

Business description

Our client regrettably wishes to offer the business for sale due to change of personal circumstances. The business has been well looked after and considerable renovation and refurbishment in the way of new gas boiler, new glazed frontage etc. were undertaken at a considerable cost. In addition to the current business, in our opinion; it contains significant opportunity for further expansion (addition of a collection and delivery service, shirt ironing service) in the hands of a young entrepreneurial person, who will be able to benefit from the existing sound business base that already have been established and as well the availability of the unused space. We are informed that our client in the past few months have introduced key cutting machine and is found to be very profitable.

Property information

Property:

Leasehold

Lease terms:

The premises are held on a lease for the term of 15 years w.e.f 31st December 2003 with rent reviews spaced every 5th year. Current rent payable £8,750 per annum. Uniform Business Rates payable £1,300 per annum approximately.

Location:

This popular and well established Launderette business is situated on a busy main street parade that is located in a densely populated residential and commercial area. There are numerous complimentary trades located within the vicinity of the business. Car parking facility fronting the shop encourages trade.

Other information

Trading hours:

9.00 am to 7.30 pm. (7 days a week.)