Profitable Launderette Plus Dry Cleaners | | Undisclosed Middlesex | | Outstanding opportunity to acquire a profitable Launderette & Dry Cleaners occupying an excellent main road trading position approx. 5 minutes walk from Edgware Underground Station plus Bus Station. SPACIOUS SINGLE FRONTED PREMISES, tiled floor, suspended ceiling. Counter, central payment point. 5 Ipso 16lb front loading washing machines, 2 Ipso 25lb front loading washing machines, 1 Ipso 35lb front loading washing machine, 5 ADC gas tumble dryers, large boiler (approx. 1 year old), JLA Aquatex Dry Cleaning Machine, 1 Silc presser with boiler, spotting table, Silc shirt ironer, large Aquatex Duvet Dryer. Key cutting machine, water softener etc. | | ADVERT NUMBER : 26258
ADVERT IMPRESSIONS : 14,488 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Launderettes | | SALE: | Agent Sale | LEASEHOLD: | £220000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent trading position, MIDDLESEXOpening Hours Monday - Friday inclusive - 8 a.m. - 8 p.m.
Saturday & Sunday - 9 a.m. - 7 p.m.Turnover WE ARE INFORMED the turnover averages £3,000 p.w. (We understand the split of turnover is approx. £1,300/£1,500 p.w. in respect of the launderette with the balance being in respect of dry cleaning. At present the dry cleaning section is used as a receiving shop, but as will be appreciated the dry cleaning equipmet is there and therefore the dry cleaning could be undertaken on the premises, if desired.Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 13 years unexpired at a rental of £26,000 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 5years. (As will be appreciated with the rental income currently in respect of the 2 flats in the region of £29,280 there is a profit rental at the present time of £3,280 p.a).
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a 2 FLATS over, are at present let and provide a current total rental income of £2,440 per month.
Spacious First Floor Flat at present let on a shorthold tenancy and providing a rental income of £1,200 per month, with FULL GAS FIRED CENTRAL HEATING and FULLY FURNISHED, comprises:
3 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin (new suite August, 2007)
Large Lounge
Fully fitted Kitchen
Second Floor Flat, at present let on a shorthold tenancy and providing a rental income of £1,240 per month, again with FULL GAS FIRED CENTRAL HEATING and FULLY FURNISHED, comprises:
Large Studio Bedroom/Lounge
2 Double Bedrooms
Shower room with shower, w.c. and wash hand basinOutside Yard at rear with parking for 2 carsStaff Staff emplyed. 1 full time manageress plus 1 full time and 2 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
