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Established Freehold Commercial Laundry And Launderette In Cornwall For Sale

Launceston, Cornwall, UK
Asking Price:
£275,000
Turnover:
£80,000
Net Profit:
£35,000

Well-established freehold commercial laundry and launderette business located in the historic Cornish town of Launceston. Successfully operated by the current owners for almost 25 years, the business enjoys a loyal and reliable customer base providing strong year-round trade.

The business offers commercial laundry services, service washes, and ironing services, generating consistent income from both domestic and commercial customers. The operation is easy to manage and would be ideally suited to a couple or hands-on owner operators seeking a profitable lifestyle business with accommodation included.

The premises are maintained in good order throughout and include spacious commercial laundry facilities together with a substantial three-floor residential accommodation above, providing a comfortable one-bedroom home. The inclusion of owner’s accommodation makes this an attractive live-and-work opportunity in a popular Cornish market town.

This is a genuine retirement sale offering excellent potential for future growth through expanded commercial contracts, collection and delivery services, additional marketing, and increased operating hours.

Early viewing is highly recommended.

Property Information

Property:

Freehold

Living Accommodation:

Spacious one-bedroom accommodation included over three floors.

Location:

Situated in the historic town of Launceston, Cornwall.

Premises Details:

Commercial laundry and launderette premises with customer area, service wash facilities, ironing section, and operational workspace. Spacious one-bedroom owner’s accommodation arranged over three floors above the business.

Planning Consent:

Established commercial use.

Business Operation

Expansion Potential:

Excellent scope to expand commercial accounts, introduce collection and delivery services, increase marketing activity, and extend service offerings.

Competition / Market:

Well-established business with loyal repeat customers and strong local reputation built over many years.

Reasons for selling:

Retirement after almost 25 years ownership.

Employees:
Ideal owner-operated or couple-run business.
Years established:
25 years

Other Information

Support & training:

Owners willing to provide a handover period if required.