Commercial Property for sale

Lombard Street, Stourport-On-Severn, Worcestershire, DY13

Guide Price £85,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well established traditional launderette
  • Average weekly takings £1,450
  • Excellent location, all new equipment
  • Retirement sale

Full description

DESCRIPTION
This busy launderette is located on a busy road through the centre of Stourport on Severn, Worcestershire and is situated amongst other independent retailers which include: restaurants, newsagents, convenience stores, café's and clothing retailers.

The immediate surrounding area is a densely populated residential area and its location is a hive of activity through the day. The business has been owned by our client since 2009 and has traded in its current location since the 1960's. The business has built up a great reputation locally, benefiting from a loyal and regular customer base which generate sales in the region of £1,450 per week.

This traditional launderette business offers serviced washes, drop off and collection services, a collection and delivery service, wash and iron service as well as washing, drying and iron services for businesses including cafes, hotel, B&B's and restaurants.

The business also has great potential for growth with the option of marketing and promoting the business to more commercial customers as well as increasing the current area covered, which could dramatically increase the turnover.

All the current machines are only 12 months old and are maintained to the highest standards. The business also enjoys a fully automatic shop unlocking system so that the owner or a staff member doesn't have to be present for customers to use the service washers and dryers.

The business is now only offered for sale due to retirement. A great opportunity not to be missed.

WEEKLY SALES
Currently shop sales average £1,450 approximately.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Sunday 07:30 - 19:30

STAFF
Managed by the owners with full/part time staff.

PROPERTY
Operating from a mid-terrace ground floor lock up premise that is highly visible and situated on a busy road within the town centre with a densely populated residential area surrounding.

TRADING AREAS
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:
8 x 7kg washing machines
2 x 10kg washing machines
1 x 16kg washing machine
1 x 23kg commercial washing machine
11 x tumble dryers 10 x 30kg and 1 x 50kg

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

TENURE
The vendors have been in communication with the landlords who have advised verbally that they are prepared to grant a new lease to approved candidates at an initial rent of £8,220. Other terms to be negotiated.

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. A unique opportunity not to be missed and only offered to the market due to retirement.

An inspection is highly recommended.

More information from this agent

Nearest stations

  • Hartlebury (2.5 mi)
  • Kidderminster (3.4 mi)
  • Blakedown (6.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

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

  • Hartlebury (2.5 mi)
  • Kidderminster (3.4 mi)
  • Blakedown (6.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

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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