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Westcliff Launderette With Rental Income For Sale

Westcliff on Sea, Essex, UK
Asking Price:
£29,950
Turnover:
Undisclosed
Net Profit:
Undisclosed

An outstanding opportunity to acquire a well-established launderette in a prominent, high-footfall location on London Road.

Currently operating as a fully unmanned, self-service business, this site offers a completely passive income stream from day one. A new owner can seamlessly continue this hands-off model or capitalise on significant untapped potential.

Key Highlights & Financial Advantages
Established 25 Years: Long-standing local reputation with a loyal, reliable customer base.

Passive Operation: Fully unmanned, self-service setup. The flat tenant conveniently handles opening and locking up the shop for just £35 per week, keeping day-to-day management completely hassle-free.

Rental Income Offset: Includes a self-contained 1-bedroom flat above, currently let out at £750 pcm (£9,000/year), significantly offsetting the commercial rent and overheads.

Premises Size: Approximately 397 sq ft (36.9 m²), efficiently arranged for customer laundry equipment.

Smooth Transition: The vendor is offering a full handover period of up to 1 month to ensure a seamless operational transfer.

Massive Growth & Turnover Potential
While currently operating as a passive self-service site, a hands-on purchaser could substantially boost revenue by introducing:

Attended Services: Service washes, drop-off laundry, and professional ironing/pressing.

Commercial Contracts: Local bed & breakfasts, hair salons, restaurants, and sports clubs.

Value-Add Services: Dry cleaning collection agency, parcel pickup hub, and upgraded modern digital/card payment systems.

Whether you are looking for a straightforward semi-absentee business to add to your portfolio or an active operator ready to unlock its full revenue potential, Westcliff Launderette offers the ideal foundation.

Property Information

Property:

Leasehold