Launderette for sale in South Tottenham

South Tottenham, North London


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, densely populated residential area, NORTH LONDON

WE ARE INFORMED the turnover in respect of the launderette is currently in the region of £700/£800 p.w.. Service washes & ironing also provided (by the staff on a self-employed basis). Incorporated in the business is a Coffee Kiosk & a Cash for Clothes shop which we understand has turnover of approximately £200 p.w. The second kiosk is at present rented as a small Sushi Kiosk currently providing a rental income of £200 per calender month.

Charges:
25lb wash £4
Small machine wash £3

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 5 years unexpired at a rental of £9,600 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £1,200 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

To the rear of the property and included in the lease is a self contained studio/workshop (27'x12') with kitchen area and separate bathroom, comprising bath, sink and W.C. We are informed the unit has commercial consent. The vendor has advised us the workshop could be let @ £140 per week.

Vehicular access to rear via service road

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

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £30,000 plus STOCK AT VALUATION
LOAN POSSIBLE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £30,000
Tenure : Leasehold
Status: Available
Sectors:
Coffee Shops
Launderettes
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