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Freehold Laundrette And Two Flats For Sale

Skipton, North Yorkshire, UK
Asking Price:
£395,000
Turnover:
£86,932
Net Profit:
Undisclosed

FREEHOLD LAUNDRETTE AND TWO FLATS in Skipton for Sale.

A substantial freehold investment property and profitable, long-established launderette business in Skipton, North Yorkshire – gateway to the Yorkshire Dales National Park.

Under the same family ownership since 1997 but has existed here for over 50 years. A vital resource for this market town community and large catchment area, with a college, highly regarded public school, many sports clubs and guest houses, all providing a tremendous amount of trade opportunities for ambitious and energetic new owners.

Substantial, highly prominent detached building within which the launderette occupies the ground floor with a range of coin-operated washers and dryers, many of which are recently installed, highly efficient models. Back of shop areas include an ironing area with steam iron, two laundry storerooms, office area and a staff kitchenette.

External steel staircase leads to two, two-bedroomed, self-contained flats. One is occupied by the owner, the other is rented on a shorthold tenancy. Combined, the flats are capable of easily generating rental income of circa £22,000 per annum.

Over 50 years serving the community. Annual turnover £86,932. Purposely run below the VAT threshold and predominantly cash generating from nine commercial quality washers and six speed queen dryers, all coin-operated.

Property Information

Property:

Freehold