Freehold Laundrette for sale in Central Croydon.

Launderette for sale - freehold

Business description

Washeteria is a well-established laundrette with a renowned reputation amongst residents. It is a superb opportunity to take on a high turnover local business in an area teeming with customers. There has been a self-service laundrette business, at this premises for over 25 years.

The current owners have run it successfully. So, during this time it has flourished and become a real part of the local landscape and accrued a fantastic reputation. The business has loads of regular customers, many of whom are unknown on a first-name basis by the current owners who are popular and well-respected members of the local community.

This wonderful business is now being sold, albeit reluctantly and with heavy hearts only due to the owner's wishes to enjoy a well-earned retirement. They are keen to see their beloved laundrette pass to an ambitious and entrepreneurial new owner who can take this already driving business to the next level. 

Reasons to buy 

• A well-established business with an enviable reputation and loads of existing customers.

• Prime metropolitan trading position in the centre of a densely populated residential area

• Well fitted and equipped parade premises

• Good consistent levels of turnover

• Priced to sell the first to view should buy!

• Ideal for the current owner-operator of a laundrette looking to grow their portfolio or first-time buyer, a new owner could grow the business accordingly.

• This store could widen its offering to include wash services to exploit the current base and help to boost profits.

• Highly advise early viewing to avoid disappointment

• This exceptional business is likely to attract considerable interest

• With planning permissions, the building can be transformed into an extended number of flats.

Freehold Price: £550,000

Location: Washeteria in Croydon, Greater London.

The business is in the centre of a densely populated area which compromises a mixture of property types and businesses such as convenience stores, restaurants, and private rented and local authority homes.

The business occupies a prominent position and is immaculately presented and maintained with clear visible signage and the distinctive Washeteria branding with excellent access to major road links (A23 & A232 etc. ) 

It is on the densely populated outskirts of the vibrant metropolitan satellite town of Croydon in the Surrey quarter of Greater London. There is also on-street parking immediately available outside the premises.

Store 

Large and small washing machines as well as double-stack dryers. The shop also accompanies a large room at the rear end of the property and a basement.

WC 

A basic sanitary toilet is placed towards the back of the store.

Accommodation 

There is separate access to a 1-bedroom studio with an open plan kitchen and living area, which is currently rented. This 1-bedroom flat can be extended with a loft conversion

Security 

The premises are secured by roller shutter security doors.

Tenure 

Freehold with an asking price of £550,000

Trading Hours 

Monday to Sunday: nine am – six pm

Listing Details:-

Freehold price: £550,000

Tenure: Freehold

Location: Waddon Rd, Croydon

Sector: Self-service laundrette

Viewing

If this business is of interest to you, we recommend arranging a viewing. All viewings are strictly by appointment. No approaches whatsoever should be made to the owner of the business.

More information 

If you would like to find out more detailed information about this business, a specific question, please contact us and we would be happy to help. Accounts, rentals and financials are available upon request.

Get in touch for more information.