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(REF: KT001083)  Freehold Launderette - Medway Town
 
Seller Reference: KT001083
B4S Reference: 28300
Asking Price: £140,000
Net Profit: Undisclosed
Sales Revenue: Undisclosed
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Undisclosed, Kent, United Kingdom
  Business Summary   
  BUSINESS  
The business was established by the present owner in 1995 and operates as a coin-operated launderette also providing service washes, a shirt service, duvets, curtains and an ironing service. Some dry cleaning is also offered and repairs and alterations are carried out on the premises. There is scope to expand collection and delivery. The flat above has 76 years remaining on the lease and the ground rent received is £100pa. plus £75pa service charge.
 
BUSINESS PREMISES  
The premises enjoy a part-glazed frontage with a glazed entry door, security shutters and a fascia board above.
Inside
Shop - (5.0m frontage x 9.5m depth excluding work area) strip lights, 2 chairs, a bench, 1 IPSO 35 washing machine, 5 x IPSO 16 washing machines, 6 x tumble dryers, 2 x Primus 24 washing machines, an industrial sewing machine, an industrial overlocker, a Union 1010 dry cleaning machine (approx 5 years old). Through to:
Work area - with bench and 2 x water tanks.
WC with wash hand basin and a door to the rear
 
TENURE  
The entire freehold is offered for sale.
 
TRADE  
We are advised that the weekly sales are circa. £700 pw.
More detailed financial information will be provided to seriously interested parties after a viewing and a meeting with the owner.
Please note this figure excludes VAT.
 
HOURS  
Monday/Tuesday 9.00am to 5.30pm
Wednesday 9.00am to 2.00pm
Thursday/Friday 9.00am to 5.30pm
Saturday 9.00am to 5.00pm
 
STAFF  
2 part-time
1 owner part-time
 
  Property Information   
  Property: Freehold
 
  Living Accommodation: No
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No





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