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Freehold Commercial Laundry, Northumberland

£165,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Out-of-town retail property for sale

Description

FREEHOLD COMMERCIAL LAUNDRY & DRY CLEANERS in Northumberland for Sale.

This is an outstanding commercial laundry and dry cleaning business which was founded over 40 years ago and is one of the largest independent operators in Northumberland. The business is only reluctantly offered for sale by the owners due to their overdue retirement. The business has over 40 regular customers and provides its services predominantly to other commercial enterprises such as guest houses, hotels, restaurants etc and this is continuing to grow. The concern offers huge scope for enthusiastic, new, younger owners, the current vendors are continually expanding the business with targeted mail drops, utilising a web site, social media sites, targeted mail drops and a network of agencies. Weekly Turnover £2,500. In addition, the dry cleaning business provides services direct to the public utilising the same marketing channels. Profits could be increased by marketing the business to potential new clients. Currently the business enjoys an EXCELLENT REPUTATION and almost all new business comes via personal recommendation. The business boasts a gross profit of 20% and has considerable potential for expansion. The current owner, a former sales and marketing director of a PLC, has written a business development plan which is included in the sale. Many recent improvements have been undertaken here to ensure the business runs smoothly such as a new hot water boiler and a new apex roof having been installed within the last two years and a complete refurbishment of the large washing machines including a new water pump, replacement bearings, power supplies and drive belts. VIEWING HERE IS HIGHLY RECOMMENDED ? HUGE POTENTIAL. The Premises are freehold and briefly comprise:- The premises are situated to the north of Newcastle, close to Morpeth, adjacent to a busy main road and briefly comprise spacious ?sales shop? laundry with an impressive range of commercial washers and dryers leading through to plant and store room with dry cleaning and finishing room beyond. Clean laundry store and WC. Option to Acquire Business Only.
EPC Band E.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

Notes

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Disclaimer - Property reference 581827. 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 Ernest Wilson & Co Limited, EW Leeds. 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.

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