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Reference M5285

Freehold Launderette in South London For Sale

Freehold Launderette in South London For Sale

Register to see map and to make an appointment Situated in a parade, excellent main road trading position, residential, office and commercial area, SE LONDON

Turnover £ 1,800
Price £625,000

Features

Freehold Launderette Only

Established 1977

PREMISES in the region of 1,425 ft²

LARGE AND LONG ESTABLISHED LAUNDERETTE.

Double fronted premises with shutters in the huge area of 1500 ft². Non-slip tiled floor, suspended ceiling with all new efficient LED lighting. The equipment includes:

16 Washing machines:

3 16lb Ipso front loading washing machines
2 20lb Ipso front loading washing machines (recently installed new)
5 22lb Ipso front loading washing machines
3 30lb Ipso front loading washing machines
1 5lb Ipso front loading washing machine
2 40lb Ipso front loading washing machines (1 recently installed new)

15 Dryers:

8 JLA d-30 gas tumble dryers,
1 JLA d-50 gas tumble dryers-very big size
3 JLA d-330 double stack gas tumble dryers (total-6)

Staff wc & wash basin

Basic staff facilities including fridge, microwave, kettle etc.

Storeroom for service washes

Plant room with 2 boilers, 1 water tank and 1 softener tablet tank

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,800 p.w.

Staff

The business is at present operated by the vendor's wife with 2 part time staff.

Trading Hours

7 days week
Monday - Friday 8am – 6pm
Saturday – 8am – 6pm
Sunday- 8am – 5pm

Tenure

FREEHOLD

Business Rates from April 2022 £5,800 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2007 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £625,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 437,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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