Launderette in Northolt For Sale

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