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Reference M4908

Launderette in Northolt For Sale

Register to see map and to make an appointment Situated in a parade, residential estate, MIDDLESEX NORTHOLT

Turnover 800
Price 55,000

Features

Well Equipped Launderette

DOUBLE FRONTED LAUNDERTTE with tiled floor. The equipment includes 2-40lb JLA front loading washing machines, 1-30lb JLA frlont loading washing machine, 1-25lb JLA front loading washing machine, 2-16lb JLA front loading washing machines, 6 gas tumble dryers, boiler.

Staff Room

Turnover

WE ARE INFORMED the turnover averages 800/1,000 p.w. in our opinion there is terrific potential to introduce service washes plus dry cleaning receiving agency, if desired.

Charges
16lb 4.00
25lb 5.50
30lb 6.00
40lb 8.00

Dryers
Medium dryer 12 minutes 1.00
Large dryers 6 minutes 1.00

Staff

NO STAFF ARE EMPLOYED.

Trading Hours

8 a.m. - 9 p.m. seven days per week

Tenure

We undestand the premises are held on a secure renewable Council Lease, the present lease having approximately 16 years unexpired at a rental of 6,000 p.a. exclusive of rates. We understand the rent reviews are every 4 years. Electricity 180 monthly. Gas 240/280. Water rates 60

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 55,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 27,500 (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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