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Self-Service Coin-Operated Launderette In Clacton-On-Sea For Sale

Clacton-On-Sea, Essex, UK
Asking Price:
£165,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Under £50K

Coin operated launderette

Price: £165,000 plus SAV – leasehold
Location: Clacton-on-Sea, Essex
Ref: L0140E

Coin operated launderette trading from a high specification unit measuring approximately 1,000 sq. ft., benefiting from 4+ car parking spaces and a full complement of equipment, which has been independently valued at £60,000. The business is located on a large industrial trading estate, directly opposite a new housing development and a retail park, generating high levels of vehicular traffic and passing footfall within this North Essex coastal town. The business was owner established and has been owner operated since 2020. Our client has continuously invested in the business, building an unrivalled reputation supported by almost 100 five-star reviews. We are advised that weekly turnover is between £2,000 and £3,000 per week, achieved while operating limited hours, offering plenty of scope for further growth. A new lease will be made available at a current rental of £13,200 per annum exclusive, and we are advised that the property benefits from zero business rates payable. This represents a great business opportunity for a younger, hands-on owner or, equally, an established operator seeking to expand into the area. An early viewing is advised.

Please note: Our client is seeking serious cash purchasers only. Interested parties will be required to provide proof of funds prior to viewings or further discussions.

Property Information

Property:

Leasehold

Leasehold Rent:

£13,200 per annum

Size in square feet:
1,000

Business Operation

Management type:
This business is owner operated.

Other Information

Furniture / Fixtures value:
£60,000 - included in the asking price