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Commercial Property for sale

Suds And Surf, 4, East Terrace, Penzance, Cornwall

£249,950

Property Description

Key features

  • WELL PRESENTED FREEHOLD LAUNDERETTE
  • REFURBISHED 2 BEDROOM OWNERS ACCOMMODATION
  • WELL EQUIPPED PUBLIC AND REAR AREAS
  • CONSISTENT TRADE AND PROFITS
  • ENERGY ASSET RATING (B)

Full description

Freehold Launderette and well presented 2 bedroom flat in the busy town of Penzance in West Cornwall. Consistent trade and profits.

Location - Suds and Surf is situated adjacent to the train station as one enters Penzance and therefore enjoys high levels of visibility and is on the fringe of a large residential area and indeed the business and commercial district of Penzance.



Penzance is a vibrant town in West Cornwall with national and niche retailers, primary, secondary and tertiary education and a hospital.



We understand the business has traded on this site since the late 1960's, has been in our clients tenure for the past 6 years, trades all year with the exception of Christmas holidays between the hours of 8am and 8pm, being staffed between 8am and 4pm.



The business is run by our two client's and in terms of the trade profile is made up of walk-in customers, commercial washes and service washes in that respective order.



We are advised the turnover for the year end March 2016 showed sales of £63,652, which after making all normal adjustments and indeed after all expenses and overheads produces an adjusted net profit of £29,360.



Further accounting information will be made available subject to a viewing appointment in the normal manner.



The Accommodation Comprises - (all areas and dimensions are approximate)



Launderette Area - 10.29m x 2.85m plus 3.94m x4.5m. A well-equipped launderette and seating area with windows to the front and side elevations, comprising 12 coin operated tumble dryers, 6 x 75kg washing machines, 1 x 160kg and 1x 180kg washing machine. Through to:



Rear Staff Area/Wc - And beyond to:



Service Area - 7.18m x 4.03m. Comprising 1 x 240kg washing machine, tumble dryer and a Primus Roller Iron. Sink unit and office area.



Door to rear with patio area, pump room, space for sitting out and door to connecting rear path.



Owners Accommodation -



Accessed via the inner lobby comprising:



Lounge - 5.2m (into bay) x 3.18m. A very attractive room with windows to front and side elevations.

Off landing through to:



Kitchen - 3.82m (max) x 2.49m (max). A refurbished kitchen comprising complementary base and wall units, drainer unit, 4 ring gas cooker. Through to:



Bath/Shower Room - 3.53m x 2.16m. With double shower, low level wc and pedestal wash hand basin, window to rear elevation.



Bedroom 1 - Double, window to front, radiator.



Bedroom 2 - Double, window to front, radiator.



General Information -



Vehicle - A Renault Kangoo delivery van is also included in the sale.



Contact Information - For further information or an appointment to view please contact Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk



Local Authority - Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk



Energy Performance Certificate - The Energy Performance Rating for this property is within Band B.



Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.



Business Rates - We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171



Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999



Stock - To be taken at valuation



Superfast Broadband - For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit http://www.superfastcornwall.org/.



Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.


More information from this agent

Energy Performance Certificates (EPCs)

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