Retail Property (high street) for sale

9 Princesses Parade - DA1

£34,950

Property Description

Commercial information

  • Business for sale

Key features

  • Well established launderette situated in a densely populated residential area
  • Advised weekly income in the region of £600
  • Price includes all fixtures, fittings and machinery
  • Viewing recommended

Full description

Tenure: Leasehold

DESCRIPTION
Peoples Launderette is situated on a parade location just on the outskirts of Crayford Town Centre, Kent, amongst other independent retailers which include restaurants, hair dressers, convenience stores, cafés and a post office, all of which have flats above the retail units. Crayford is located South-East of London and lies East of Bexleyheath and North West of Dartford.

The immediate area surrounding the business is a densely populated residential area, with heavy footfall throughout the day and was established by our client around 2003.

The business has a regular customer base and offers an ironing service, although this service is not widely advertised but could be built upon. In our opinion and due to the given the size of the trading area, a dry cleaning service could be put in place to increase the weekly takings and services offered.

Peoples Launderette is an ideal opportunity for a hands on operator or an existing operator to expand a portfolio, by taking full advantage of the location and loyal customer base, which has been built up over the many years it has served the area.


Sales
Advised weekly takings in the region of £600.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday to Saturday 09:00 to 19:00
Sunday 09:30 to 17:00


STAFF
The business is currently run by the owner on a day to day basis, with additional part time members of staff at weekends.

Building External
The business operates from the ground floor of a highly visible mid terraced property with good signage and is situated on a parade location close to the town centre.

BUILDING INTERNAL
The business has a bright customer service area and comes with a full complement of equipment, which is included within the sale price and consist of:

? 7 tumble dryers.
? 9 washing machines.

The washing machines and tumble dryers are all controlled by a central control point.

ANCILLARY AREAS
Rear kitchen
Staff WC
Ironing room
Office



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

TENURE
We are advised that the property is held on a 10 year lease which commenced in 2013. Rent is £10,000 per annum with rent reviews at 5 yearly intervals.

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


SUMMARY
An ideal opportunity to acquire a well established launderette situated in a busy location which benefits from a loyal customer base. The business would ideally suit an owner operator to maximise profits, as well as being a welcome addition to a business looking to expand.

A viewing is highly recommended to fully appreciate the business opportunity and location in general.


Nearest stations

  • Crayford (0.3 mi)
  • Slade Green (1.2 mi)
  • Barnehurst (1.2 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

  • Crayford (0.3 mi)
  • Slade Green (1.2 mi)
  • Barnehurst (1.2 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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