Old Established Launderette | | Undisclosed London | | Situated in a parade, excellent main road trading position, residential area, NORTH LONDON | | ADVERT NUMBER : 66829
ADVERT IMPRESSIONS : 17,236 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Launderettes | | SALE: | Agent Sale | LEASEHOLD: | £69950 | | | | | BUSINESS DETAILS: | Features : SPACIOUS DOUBLE FRONTED PREMISES with tiled floor. The equipment includes 4-16lb Ipso front loading washing machines, 1-40lb Ipso front loading washing machine, 2 Electrolux MP160 washing machines, 3 W124 Electrolux washing machines, 5 ADG30 and 1 ADG50 gas tumble dryers, 1 spinner, twin boiler iron.
Additional storeroom (with window) currently used for storeage but potential to develop additional trades such as repairs, alterations, key cutting.
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, excellent main road trading position, residential area, NORTH LONDON
Opening Hours : 8.30 a.m. - 8 p.m. seven days per week, however service washes are only undertaken for 5 days per week 8.30 a.m. - 6 p.m. No service washes on Thursday or Sundays
Turnover : WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £14,500 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.
Uniform Business Rates: £7,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £64,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Covered yard with boiler
Staff : The business is at present operated by a husband and wife team and no staff are employed. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
