Launderette & Household Goods Shop in Willesden For Sale

Main road trading position, densely populated mainly residential & commercial area, NW LONDON WILLESDEN

Turnover £ 1,800
Price £89,000

Features

Launderette & Household Goods Shop

DOUBLE FRONTED PREMISES in the region of 485 ft² with shutters. Tiled floor, suspended ceiling with light panels. Sales counter, electronic cash register and card machine, modern adjustable shelving. CCTV (8 cameras), alarm.

The equipment includes:
1 40lb washing machine
3 30lb washing machines
2 20lb washing machines
2 large capacity dryers
4 medium tower dryers.

- THE MACHINES ARE ON LEASE 18 MONTHS TO RUN @ £757 PCM

Water softner, tank and boiler.

Ironing board and iron

Stock room

Kitchen wirh staff area. Sink, cupboard, fridge, microwave

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,800 p.w.. We are advised the split of turnover is 75% laundry, 25% household goods. The vendor offers service washes which generates in the region of £500 per week.

Staff

The business is at present operated by a husband & wife team plus part time staff as required.

Trading Hours

7 Day week
MONDAY - SATURDAY 10 a.m - 7.30 p.m
SUNDAY 10 a.m - 5 p.m

Outside

Garden

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 25 years in 2016 with reviews every 5 years (next review 2026) at a current rent of £15,000 p.a.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £89,000 plus STOCK AT VALUATIONn (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 44,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote