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Laundrette Brighton For Sale

Brighton, East Sussex, UK
Asking Price:
£65,000
Turnover:
Available on request
Net Profit:
Available on request

RARELY AVAILABLE SERVICE LAUNDRETTE CENTRAL BRIGHTON
This concern is situated in the centre of the city of Brighton and Hove surrounded \by multi occupancy properties and businesses. The business has been established for many years and in the same vendors hands since 1978 this concern has created an excellent goodwill and assures a prospective purchaser sound Net Profits. The business now only comes to the market as the vendor wishes to focus on other business interests.

Property Information

Property:

Leasehold

Lease Terms:

The entire premises will be held on a new 12 year full repairing and insuring lease at a commencing rental of £13,000 per annum, exclusive for the first 4 years with upward only rent reviews thereafter at 4 yearly intervals.

Leasehold Rent:

£130,000 per annum

Location:

This concern is situated in the centre of the city of Brighton and Hove surrounded \by multi occupancy properties and businesses.

Premises Details:

: The laundrette occupies an ideal location on a corner plot on Upper Gloucester Road in the centre of Brighton, surrounded by residential properties many of which are flats. The laundrette consists of a large retail space at the front of the building (measuring 17’08” x 19’01”) and has 6 front loading washing machines, 4 top loaders and 5 driers. The area has strip lighting and seats for customers. The vendor has confirmed that all fixtures and fittings are owned outright and nothing is on hire purchase or lease. At the rear of the premises is the staffroom/office with kitchenette and toilet. From the staff room you can access the basement which has a 3000 gallon water tank, a new boiler and refurbished water softener. (The basement measures 20’07”x25’01”). All equipment is regularly maintained and serviced. The business also has the benefit of 24 hour CCTV and has a remotely controlled, bells only burglar alarm.

Planning Consent:

A1

Business Operation

Reasons for selling:

other business intersts

Trading hours:

8am - 8pm Monday - Sunday

Employees:
under management and the staff consist of one part time manager and 2 part time members of staff.
Years established:
23

Other Information

Support & training:

yes

Related Documents:

Contact Watkins Commercial

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