Old Established Launderette For Sale

Business description

Ample customers' car parking in front of parade.

Fully equipped LAUNDERETTE including 2 Ipso 25lb. front loading washing machines, 6 IPSO 16lb. front loading washing machines, 6 Loadstar gas tumble driers, boiler, etc.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, having approx. 6½ years unexpired, at a rental of £7,500 p.a. excl. of rates for the next 1½ years, with rent to be agreed thereafter.

Uniform business rates £1,102 p.a. (after Small Business Relief) + water rates (metered).

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.
MUST BE SEEN TO BE FULLY APPRECIATED.

Location:

Situated in a parade, main road trading position, SURREY.

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £600 p.w., in our opinion offering tremendous potential for further increase - especially with additional opening hours.

Charges: We understand the cost of a large wash is a minimum of £4, whilst a small wash is a minimum of £3. Tumble driers are charged at 20p. for every 5 minutes.

The present owners do undertake service washes and there is a service charge, we understand, of between £2/£4 per wash.

Reasons for selling:

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, £39,500 PLUS STOCK AT VALUATION. SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Trading hours:

Monday/Saturday incl. 7.30 a.m. - 4 p.m.
No Sunday trading.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.