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Mixed Use for sale

Station Approach, Station Avenue, Filey, North Yorkshire, YO14

Under Offer 127 sq. m. | £119,950

Property Description

Commercial information

  • Business for sale
  • 1,367 sq ft (127 sq m)

Full description

Tenure: Leasehold

This multi-facet business operates from a modern industrial unit in Filey, North Yorkshire.

The business is ideally positioned to serve this busy tourist region, situated just off the A1039 and A165 and close to the abundance of holiday lettings and caravan parks in the area.

Filey is a picturesque holiday resort on the North Yorkshire coast, situated between Scarborough to the north and Bridlington to the south. Filey is also a popular place to live and work with a population of circa 7000 and the town boasts its own railway station, ideally located just a short distance from the business.

Hilton Smythe welcomes to the market this thriving multi-facet business comprising of 3 companies operating under 1 umbrella, Simplicity Services, Simplicity Holidays and Simplicity Laundry.

The businesses were established by our client between 2005 and 2012 and combined turnover is a healthy 225,000 per annum with a good gross profit. The businesses complement each other perfectly. Simplicity Services offer a cleaning service to holiday homes and caravans. Simplicity Holidays is a letting agent for holiday homes and caravans and Simplicity Laundry service the holiday lettings trade.

The businesses have an excellent reputation, with a loyal professional team of staff in situ. The businesses benefit from much repeat work and word of mouth referrals. They fully manage 35 properties from holiday homes through to caravans which are all privately owned and on a 12 month contract for the letting, laundry and cleaning arrangements.

The extensive portfolio includes a further 27 properties who they clean and do laundry for, again all privately owned and on contract. In addition to 6 commercial customers including 3 guest houses, a restaurant, a campsite and another cleaning company who they do work for every week, and a further 13 parties who have a 'walk in' agreement for ironing and laundry. Also they also have 7 equestrian customers for the repair and cleaning of horse blankets.

This is a well-established business with potential for growth with the abundance of holiday lets in the region and with the businesses genuinely coming to the market due to ill health.
Good sized industrial unit with separate office space to rear, toilets and kitchen area. Ample storage racks to perimeter walls

Equipment includes:-
35kg washing machine, 15kg washing machine, 30lb drier, 1.5m roller drier, general shelving, office furniture, computer equipment 3 laptops and 2 pc's including software package, 5 vacuum cleaners, steam cleaner, carpet cleaner, steam mops, travel cots, high chairs and wheelchairs.

Well signed, with shutters and alarm.

We are advised leasehold.
The original lease length is 3 years
On a rolling lease arrangement
Rent is 684 per month.

The businesses open:-

Monday to Saturday 9.00am- 5.00pm
Sunday closed

The laundry is open Monday to Saturday, 6.00am - 12 midnight in summer months.

The business is owner run and managed with the assistance of 3 full time and 6 part time members of staff.

The combined turnover is a healthy 225,000 per annum with a good gross profit.

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