Coin Op Launderette And Service Washes | | Wickford Essex | | COIN OP LAUNDERETTE, SERVICE WASHES - COMMUTER TOWN NEAR BASILDON/BILLERICAY. An excellent coin operated launderette that undertakes service washes but currently does not provide an ironing service which there is obvious scope for. Established for over 40 years. Advised takings £2,000 p/w winter months, averaging £1,500 p/w throughout the year. Lock up premises on a 999 year lease (virtual freehold). equipped with 9 washers, 8 driers. Good opportunity. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 58951
ADVERT IMPRESSIONS : 9,279 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Launderettes | | SALE: | Agent Sale | FREEHOLD: | £174995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Town: COMMUTER TOWN NEAR BASILDON/BILLERICAY
County: Essex
An expanding commuter town with a population already over 32,500. We are advised that this is the only launderette within conveniently located in a secondary trading position within the town centre where customers can easily pull up and park
The Business
An excellent coin operated launderette business that does service washes but currently provides no ironingservice which there is obvious scope for. The business has been established for over 40 years and run under the current ownership for the past 11 years. Our client is now selling due to a change of interests.
The Premises
The Launderette trades from a lock-up Retail Premises internally measuring 17'6 x 39'4 = 691 sq. ft. Modern glazed double security electric shutters, fascia board. Equipped to trade with 9 washers (5 x 35lbs, 3 x 16lbs, 1 x 44lbs) on timers, 8 x 30lbs bench seating, tiled floor. Rear Workroom with electric cash register, brand new boiler being installed March 2011, water services etc to be introduced. Staff W.C. plus wash hand basin. Rear Parking for 3 Vehicles. Forecourt providing parking
Trading Hours
The launderette trades 7 days a week from 8 am to 7 pm.
Staff
The business is run by the proprietor (approx. 4 hours per day), assisted by 2 part time and 1 cleaner that also locks up.
Turnover
We are advised that takings peak at £2,000 per week during the winter months, although are lower within summer months approximately £1,500 per week. Further details available to seriously interested applicants following an inspection of the business.
Tenure
Freehold - We are advised that the premises are subject to a 999 year lease (virtual freehold) from March 1980.
Business Rates
The premises have a rateable value of £8,100 payable at .414p in the £, equating to £3,353.40 payable for April 2010/11 is claimed.
Legal Costs
Each party are to be responsible for their own plus 50% of the landlords legal costs incurred in this transaction.
Summary
A good opportunity for a more hands-on owner to run this well established launderette, which has potential to incorporate ironing service. | | | | | | FOR SALE | | | | | REFERENCE: | L4205E / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
