« Search more Launderettes for sale in North London
Reference M5689

Launderette plus Dry Cleaning Agency in North London For Sale

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

Turnover £ 1,750
Price £145,000

Features

Coin Operated Launderette & Dry Cleaning Agency Plus Tailoring

FREE LOCAL PARKING

DOUBLE FRONTED PREMISES with ELECTRIC SHUTTERS in the region of 560ft². Tiled floor, tube lighting. Sales Counter, touch screent till, clothing rails.

5 16lb Ipso washing machines
2 25lb Ipso washing machines
1 30lb Iipso washing machine
5 large tumble driers
Additional extra large capacity dryers

Tailoring section - sewing machine, hemming machine, overlocking machine

Fitting room

Rear section - Ironing work station, finishing table, roller for pressing.

Cloakroom with toilet and sink

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w. - £2,000 p.w.

Staff

The business is at present operated by the vendor on an ad hoc basis. 1 full time staff employed. We are informed the wage bill averages £500 p.w. approx.

Trading Hours

7 Day week
MONDAY - SUNDAY 9am - 6pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the right of the shop to spacious flat above comprising;

2 Kitchens
Dining room / Living Room.
4 Bedrooms
2 Shower rooms, each with shower, toilet and sink.

We are advised, the market value to rent a similar flat in the area is a minimum of £3,000 p.c.m..

Outside

Garden

Free local parking

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease froma private landlord, granted for 20 years in 2019 with reviews every 5 years (next review 2029) at a current rent of £32,000 p.a.

Business Rates from April 2024/2025 £1,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 72,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

« Search more Launderettes for sale in North London

Buy a Launderette plus Dry Cleaning Agency in North London For Sale on NationwideBusinesses.co.uk