Leagrave Road, Luton

LAUNDERETTE / COMMERCIAL PREMISES TO LET
LEAGRAVE ROAD, LUTON
£25,000 PER ANNUM – NEGOTIABLE
PREMIUM: £10,000
Former Established Town Tub Launderette – Excellent Opportunity
An excellent opportunity to lease a former established launderette premises on Leagrave Road, Luton, previously operated as Town Tub Launderette.
The premises are now available following the retirement of the previous tenants and offer an excellent opportunity for an incoming operator to establish or re-establish a launderette business from an existing and purpose-suited commercial premises.
PROPERTY HIGHLIGHTS
• Former established Town Tub Launderette
• Prominent Leagrave Road location
• Approximate dimensions: 10.709m x 4.094m
• Approximate floor area: 43.84 m² (472 sq ft)
• Approximately 19 washing machines of various sizes
• Approximately 7 tumble dryers of various sizes
• Existing commercial laundry equipment and fittings
• Some machines are currently not operational
• Equipment included in its existing condition
• £25,000 per annum rent – negotiable
• £10,000 premium
• Available for immediate occupation
• Lease can be progressed and prepared quickly through the solicitors
DESCRIPTION
The premises comprise a former established launderette which has been operated from the property for many years.
The property benefits from an existing launderette layout and a range of commercial laundry equipment, comprising approximately 19 washing machines and 7 tumble dryers, with machines of various sizes.
The premises provide an excellent opportunity for an experienced launderette operator or an entrepreneur looking to establish a new laundry business, with the benefit of an existing commercial setup.
LAUNDRY EQUIPMENT
The premises include approximately 19 washing machines and 7 tumble dryers of various sizes. Some equipment is currently not operational and all machinery is offered in its existing condition. Prospective tenants are advised to inspect the equipment and satisfy themselves as to its condition and suitability prior to agreeing terms.
LOCATION
The property is situated on Leagrave Road, Luton, an established commercial and residential location with a variety of local shops, businesses and amenities nearby.
The premises were formerly occupied by Town Tub Launderette, providing an opportunity for a new operator to take over a premises with an established history of use as a launderette and an existing laundry infrastructure.
TERMS
Rent: £25,000 per annum – negotiable
Premium: £10,000
Lease: New lease to be agreed
Availability: Immediate
Legal: The lease can be prepared and progressed quickly through the respective solicitors, subject to agreement of terms and satisfactory legal documentation.
IDEAL OPPORTUNITY
The premises would be particularly suitable for:
• An experienced launderette operator
• An existing laundry business looking for an additional location
• An entrepreneur looking to establish a new launderette
• An operator wishing to refurbish and modernise an existing laundry business
• A business looking to utilise the existing commercial layout and laundry infrastructure
Early viewing is highly recommended.
VIEWING & FURTHER INFORMATION
For further information or to arrange a viewing, please contact:
Sabbi Bains

Sam Bains

Ultimate Connexions Sales & Commercials Ltd