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(REF: M3208)  Well Equipped Spacious Launderette Plus Dry Cleaning Receiving Shop
 
Seller Reference: M3208
B4S Reference: 20217
Asking Price: £79,000
Net Profit: Undisclosed
Sales Revenue: £114,400
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: South London, London, United Kingdom
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Similar business types:
Dry Cleaners For Sale in South London
  Business Summary   
  Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a well equipped and spacious Launderette in our opinion offering tremendous potential for further increase, especially with the introduction of a Dry Cleaning Machine.

IMPRESSIVE DOUBLE FRONTED PREMISES with lino floor, 11 Electrolux 15lb front loading washing machines, 2-35lb Electrolux 116 front loading washing machines, 4 IPSO 30 front loading washing machines, 1 IPSO 40 large front loading washing machine, 8 tumble gas dryers, 1 spin dryer etc.

Large basement with 2 boilers plus water softener
Staff cloakroom

WE ARE INFORMED the turnover averages £2,200 p.w. in our opinion offering further potential to increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having 20 years unexpired from September, 2010, under rent review at the present time and we understand the landlord has requested that the rent be increased to £15,000 p.a. exclusive of rates for the next 5 years, however, we understand that this is still under negotiation.

Uniform Business Rates: £3,700 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: Situated in a parade, excellent main road trading position, LONDON SE
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  8 a.m. - 8 p.m. seven days per week
  Summary of Staffing   
  The business is at present operated by a husband and wife team and no staff are employed.





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