Kingsbridge
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
Key features
- Laundry & Dry Cleaners Established for Over 35 Years
- Providing Self Service, Service & Commercial Washes
- Only Dry Cleaning Service available in South Hams
- Well Equipped & Well Maintained Machinery
- Strong Commercial & Residential Customer Base
Description
Kingsbridge is a scenic market town located within the beautiful and affluent area of the South Hams, known for its picturesque towns, villages and beaches. Kingsbridge sits at the head of the Salcombe Estuary and is surrounded by lush, green rolling countryside. It is part of the South Devon Area of Outstanding Natural Beauty making it extremely popular with tourists throughout the year. The area provides many forms of tourist accommodation from guest houses & hotels to self-catering accommodation. The South Hams is also extremely popular with 2nd homeowners. Westbrook Laundry & Dry Cleaners has been operated by the current owners for 25+ years. The Laundry offers self-service washes, service washes, commercial washes and a dry cleaning service. Westbrook is the only laundrette in the South Hams to offer a dry cleaning service. Many holiday letting companies, hotels and catering establishments use the commercial wash & iron service. For those wishing to use the self-service option, the main entrance door is fitted with an automatic lock, opening at 6.30am and locking at 10.30pm. The laundrette is maned from 9am-5pm Monday to Friday, Saturday 9am-1pm for customers to drop off and pick up service washes.
.
Double fronted premises with access to the laundrette from 17 Church Street.
MAIN TRADE AREA
Approx. 32.52m² (350 sq ft).
Customer service desk with touch screen register and separate till drawer. Nine Ipso JLA washing machines, 2 x Speed Queen 30lb double stacker dryers a further 2 Speed Queen 30lb dryers and 2 x ADC 50lb dryers, all coin operated. Change dispenser and soap powder & fabric softener dispenser.
PREPARATION/WORK/STORAGE AREA
Approx. 93m² (1000 sq ft) (17 &17a Church Street).
Drycleaner machine, spotting table, ironing press / steam cabinet. Domestic Miele washing machine, wet & clean washer and dryer, flatwork dryer iron 1.5 m and flat work dryer iron, 1.9 m. Epos till for drycleaning and Epos System for the commercial services. Vailant boiler and Tribune HE 300 ltr water tank. Access to Eastern Backway.
STAFF CLOAKROOM
GENERAL INFORMATION
THE BUSINESS
Westbrook Laundry & Dry Cleaners is owner/operated with the assistance of a family member & full time member of staff. The business has an impressive turnover of circa £230,000 for year end March 2025 and strong net profits. Accounting information will be available to Bona Fide applicants following a formal viewing arranged through Bettesworths.
TENURE
The premises is held on 2 commercial leases. Both 17 & 17a Church Street are available via new leases with full repairing and insuring obligations and a term of 10 years. The rental figure for 17 Church Street is £12,000 per annum and for 15a, the rent will be £6,000 per annum, totalling £18,000 PA. Further terms to be agreed (rent review years, tenant break options) .
RATEABLE VALUE
17 Church Street - 2023 List: £10,250.
17a Church Street – 2023 List: £6,000 (TBC)
Please note this is not Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority.
SERVICES
The premise is connected to all mains services.
INVENTORY
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.
STOCK
Stock in trade will be taken over by the purchaser at valuation on the day of completion.
EPC RATING B
Energy Performance Certificates
Energy Performance CertificateBrochures
Kingsbridge
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ivybridge Station9.4 miles
Notes
Disclaimer - Property reference 12626036. 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 Bettesworths, Devon. 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.