Light Industrial for sale

Lowestoft Road, Great Yarmouth, Norfolk, NR31

2,000 sq. ft. | £895,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

Ideally located close to the main A roads on the Norfolk coast this is in the perfect location. With easy collection of laundry from nearby holiday towns and with good access to North and mid Norfolk, this business will appeal both to the purchaser looking for a profitable acquisition or someone looking to run the business themselves. More than capable of being run by a manager, the vendor is willing to stay on to ensure a smooth handover if required.

Well established with many long running contracts, this business is still expanding and enjoys a reputation which ensures continuity of profit and there are constant new enquiries from the many hotels, restaurants and holiday parks needing the excellent service offered.

Only for sale as the vendor now wishes to retire, this business is a gem - highly profitable, well located, modern machinery - this is a great opportunity for a buyer who can both appreciate the existing operation and who can add value to further increase profits.


ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY
Spread over three sites all set close together, this is a large enterprise. The majority of the commercial laundry is undertaken at the two leasehold units which are both c 2000sq ft and containing up to date well maintained machinery and pressers. There are a large amount of spares included in the price. Both the leases have in excess of ninety years left to run and both have easy access for the deliveries and there is ample storage inside to ensure the smooth running of the operation.

The freehold building has a dry cleaners and launderette at the front. The latter has twelve washers and tumblers and a spin dryer. To the rear are more commercial machines and an office and there is the facility for cleaning suede, tanning etc. which are not currently undertaken.


THE BUSINESS ITSELF

Started by the vendor nearly thirty years ago, this is one of the premier commercial laundry companies in East Anglia, serving a large number of hotels, restaurants and holiday parks from the North Norfolk coast down to the Suffolk borders and beyond. With the benefit of a busy retail dry cleaners and a launderette too all the bases are covered. With a turnover of nearly 500,000pa this is an extremely profitable business with relatively minimal out goings thus ensuring a massively high G.P. which any entrepreneur will appreciate.

Employing between fifteen and thirty people depending on season, with three men permanently on the road collecting and delivering laundry, this is a large, busy concern.


INFORMATION

Our Reference
Q32561E.

Tenure
Freehold.

Viewing
Strictly by appointment only, please call our Norwich Office on (01603) 28 08 73 to make an appointment.

Finance
Finance available to suitable purchasers

Business to Sell or Let?
Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

Premier Marketing
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Unhappy?
Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

Energy Performance Certificates (EPCs)

Nearest stations

  • Great Yarmouth (2.6 mi)
  • Berney Arms (4.1 mi)
  • Haddiscoe (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F East Anglia, Norwich

116 - 118 Prince of Wales Road Norwich NR1 1LB

01603 950250 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

  • Great Yarmouth (2.6 mi)
  • Berney Arms (4.1 mi)
  • Haddiscoe (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

EM&F East Anglia, Norwich

116 - 118 Prince of Wales Road Norwich NR1 1LB

01603 950250 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.

Disclaimer - Property reference Q32561E. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by EM&F East Anglia, Norwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.