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Commercial Property for sale

High Street, Coedpoeth, Near Wrexham

£35,000

Property Description

Key features

  • SITUATED IN THE CENTRE OF THE DENSLEY POPULATED
  • VILLAGE OF COEDPOETH, A LONG AND WELL
  • ESTABLISHED PROFITABLE LAUNDERETTE BUSINESS
  • AVAILABLE LEASEHOLD ON EXISTING/NEW LEASE
  • (STC) AT A REALISTIC RENTAL

Full description

SITUATION
The premises are situated in the centre of the Village, adjacent to the car park fronting the main High Street, being the end property in a parade of retail units.

DESCRIPTION
The premises comprise a single storey stone built property, with basement accommodation and provides the front launderette area, ironing/reception area, rear storage and service accommodation.

Front access door to

Main Launderette - Which houses 5 x 16lb washers, 2 x 22lb washers, 1 x 35lb washer (IPSO) together with 6 x 30lb Speed Queen gas dryers. Tiled floor.

Ironing Area/Reception - With rear access to

W.C. And Kitchenette -

Access from launderette to

Rear Storage Area - With access to

Basement - Housing the gas boiler

Services - The property has the benefit of mains water, drainage, three phase electricity and gas connected, subject to statutory regulations.

Outgoings - Currently no Rates payable.

The Business - Which has been established since 1969 and has been operated by the current owners for some 13 years. Regular users of the launderette include local football teams, holiday lettings, public houses, restaurants, hairdressers etc. The premises are an Agent for Star Dry Cleaners and offer a full washing and ironing service.

The premises trade 6 days a week, closed on Thursday and is operated by a Husband and Wife team, with the assistance of one part time operator (18 hours).

Audited accounts for the years ended September 13, 14 and 15 are available for inspection to genuine prospective purchasers, upon request from the Agents.

Fixtures And Fittings - All contents are included in the sale, ie. Washers, dryers, commercial iron, cash register, fridge etc.

Epc - In the course of preparation.

Lease Terms - The property is held on a 15 year lease, which commenced on the 07/05/06 at a fixed rent of £3,000 per annum. An assignment of the lease is available, or alternatively the landlords have suggested that they would be wiling to grant a new lease to a prospective tenant, subject to satisfactory terms and conditions being agreed. A copy of the lease is available upon request from the Agents.

Price - Offers in the region of £35,000 are invited for the business, the fixtures and fittings and the leasehold interest.

Viewing - By appointment through the Agents.

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