- Listing ID: 906975
- (Seller ref: M2926)
Old Established Launderette For Sale
- Location:
-
- UK
- > North London
- Type:
Listed by:
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Summary
- Asking price:
- £105,000
- Turnover:
- £78,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by a husband and wife team and no staff are employed.
Business description
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.
Staff cloakroom with w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- 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: £6,500 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
- Location:
- Situated in a parade, excellent main road trading position, residential area, NORTH LONDON
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading 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
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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- UK
- > North London
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