Launderette & Dry Cleaners, Lancashire

FREEHOLD LAUNDERETTE WITH ACCOMMODATION / RENTAL FLAT in Lytham St. Annes for Sale.

Located a short walk from the wonderful sand dunes, beaches and North Promenade of Lytham St. Annes, this long-established launderette has been owned and operated by our clients for over 40 years. It is only now, as they look toward a well-earned retirement that the business and property is offered on the open market.

The launderette services many of the bed and breakfast, hotel and AirBnB establishments that surround it, as well as being a vital service to local residents. Annual turnover £66,613. The business is currently being operated fairly low-key to suit the owners lifestyle and is purposely run below the VAT threshold, leaving a vast amount of potential for ambitious and energetic new owners to really take the business to a new level, by aggressively seeking new trade customers and promoting via social media. The business is run in an old school, traditional manner and yet the demand and potential is huge. Pick-up and delivery services are not offered and yet represent untapped avenues to quickly expand the business.

The business comes fully equipped with a range of commercial quality, coin-operated washing machines and driers. Dry cleaning requirements are sub-contracted to an outside company producing a 25% kick-back.

Substantial and prominent end of terrace property comprising ground floor retail shop with two rear laundry / utility rooms, external yard and WC. Double garage outbuilding to the rear of the property. Independently accessed first floor, self-contained, two-bed apartment. Currently let on a shorthold tenancy but could be taken back should new owners wish to use the apartment for their own use. The apartment is a good size and its proximity to the beach gives it obvious potential as AirBnB style guest accommodation. The apartment currently rents for £590 per calendar month. EPC Band B