Retail Property (high street) for sale

11 Greyhound Road - W6

£38,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well established traditional launderette
  • Average weekly takings c. £1000 - £1200
  • Excellent location
  • Retirement sale

Full description

Tenure: Leasehold

DESCRIPTION
Greyhound launderette is located on a busy side road in Hammersmith, West London and is situated amongst other independent retailers which include: restaurants, newsagents, convenience stores and café’s.

The immediate surrounding area is a densely populated residential and commercial part of town with heavy football throughout the day. The business has been owned by our client since 1989 and has built up a good reputation locally, benefiting from a loyal and regular customer base which generate sales in the region of £1000 - £1200 a week.

Greyhound launderette is a traditional launderette business and offers serviced washes 7 days a week with last washes available up until an hour before the business closes.


Sales
Currently weekly takings average £1000 - £1200

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday to Friday 08:00 — 20:00
Saturday 08:00 — 19:00
Sunday 09:30 — 18:30


STAFF
Run by part and full time staff.

Building External
Operating from the ground floor of a highly visible mid terraced property and situated on a busy road within a densely populated residential and commercial area.

Building Internal
The business has a light and airy feel with a bright customer service area and comes with a full complement of equipment which are included within the sale price and include:
9 x 7kg washing machines
4 x 9kg washing machines
8 x tumble dryers


RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on an original 15 year lease which commenced in October 2008 with a current rent of £11,000 per annum.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
An excellent opportunity to acquire a well established and well used traditional launderette on a busy side road which benefits from a loyal and regular customer base.

An inspection is highly recommended.


Nearest stations

  • Barons Court (0.4 mi)
  • Hammersmith (District & Piccadilly) (0.6 mi)
  • West Kensington (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Barons Court (0.4 mi)
  • Hammersmith (District & Piccadilly) (0.6 mi)
  • West Kensington (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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