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Profitable Launderette With Freehold Including 2 Bed Flat For Sale

Sidcup, Kent
Asking Price:
£485,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

A longstanding well established busy launderette with off the road parking.

The Launderette operates:
7am - 7pm Mon - Fri
7am - 6pm Sat - Sun

This is a busy shop with an established clientele. The ongoing refurbishment has provided new machines recently added and the shop has been totally rewired including low energy shop lights.

The Machines:
7 x Ipso 16lb
2 x Ipso 30lb
3 x Ipso 40lb
6 x ADC double stack (12) 30lb dryers
1 x water softener
2 x Chaffotex Boilers
1 x soap vendor
1 x central pay point
1 x change machine

The flat is currently let with a short hold tenancy agreement.

Property information

Property:

Freehold

Living Accommodation:

There is a two bedroom flat with bathroom, kitchen and lounge above the shop which is currently let on a short hold tenancy agreement at £9000 per annum.

Location:

Main Road with off road parking

Premises Details:

Large shop with boiler room and staff room at rear. There is a toilet out the back with garden and parking at the rear.

Planning Consent:

Planning believed to have expired.

Business Operation

Expansion Potential:

There has been planning permission granted for a single story building extension at the rear but it is believed that this has now lapsed.

Competition / Market:

No competition for a few miles.

Reasons for selling:

Owner Retirement

Trading hours:

7am - 7pm Mon - Fri
7am - 6pm Sat - Sun

Employees:
3
Years established:
25+

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