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Reference M5190
Features
Well Established Launderette Plus Delivery Service
SINGLE FRONTED PREMISES. 1-35lb UniMat front loading washing machine, 2 25lb Ipso front loading washing machines , 4 16lb Ipso front loading washing machines, 6 JLA D330 gas tumble dryers, boiler, Italian ironing board with iron.
Staff w.c. & wash hand basin plus shower unit
Turnover
WE ARE INFORM the turnover averages £1,500 p.w. in our opinion offering further potential to increase in the right hands. The turnover includes service washes plus ironing of shirts/delivery service.
Staff
1 full time staff employed for service washing & drying plus shirt ironing. Wages paid £390 p.w. + 20% commission on ironing delivery only (i.e. £470 p.w. approx).
Trading Hours
Monday - Saturday inclusive - 8.30 a.m. - 6 p.m.
NO SUNDAY TRADING
Tenure
We understand the premises are held on a secure renewable lease having 10 years unexpired from the 30th September, 2019 at a rental of £12,500 p.a. exclusive of rates up to September, 2023 with rent review at that time and thereafter every 4 years.
Uniform Business Rates: Nil payable after small business relief
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £44,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 22,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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