Well Equipped Launderette Plus Dry Cleaning Agency For Sale

Business description

SPACIOUS SHOP with lino floor. The equipment includes 9-16lb Electrolux front loading washing machines, 2-25lb Ipso front loading washing machines, 3-22lb Primus front loading washing machines. In addition we understand the vendor will shortly be installing 1-50lb front loading washing machine, 7 Cissell tumble dryers, 1 large Loadstar dryer, boiler, water softner etc.

We understand the vendor will shortly be installing 2 Ipso 22lb front loading washing machines.

Shared staff cloakroom

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £8,800 p.a. exclusive of rates with no revisions and therefore fixed at the same rent for the remainder of the lease.

Uniform Business Rates: £3,400 p.a. approx. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Situated in a parade, busy road, densely populated residential and commercial area, close to a Town Centre, BUCKINGHAMSHIRE

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,200 p.w. including service washes (we understand approx. £300 p.w. of the turnover is in respect of the Dry Cleaning Receiving Shop).

We understand the charge for a 16lb wash is £3.50. 22lb wash £4.40. 25lb wash £5.00. Tumble dryers charged at 50p for each 7 minutes and 20p for 3 minutes. Service charges are charged at £2 extra.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

7 a.m. - 7 p.m. seven days per week

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.