Coin Operated Launderette in Kent For Sale

Occupying a corner position, excellent trading position, residential and commercial area, Kent.

Turnover £ 1,200
Price £60,000

Features

Coin Operated Traditional Launderette

DOUBLE FRONTED PREMISES in the region of 600 ft², WITH ELECTRIC SHUTTERS, Tiled flooring, suspended ceiling with light panels.

5 large washing machines (4 x 30 lbs) ( 1 x 40 lbs)
5 small washing machines (16 lbs)
5 large dryers
1 Exrtra large dryer (to take kingsize douvet)

Staff cloakroom with toilet and wash hand basin.

Rear area housing the boiler.

Shelved store room with water softner.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,200 p.w.

Staff

The business is at present operated by the vendor occasionally and with the assistance of 2 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 7.30 am - 6pm

Outside

Shared yard.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2021 with a break clause and rent review in 2026 reviews every 5 years at a current rent of £14,500 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1991 AND OFFERED FOR SALE SOLELY DUE TO OWNER'S RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote