Headstone Road, Harrow On The Hill

A well established launderette, situated just a short walk from Harrow Town Centre, is now available due to the owner's retirement after 17 years. The business offers substantial potential for revenue growth through modernisation and the addition of services such as dry cleaning, tailoring, phone repairs, key cutting, and more.

The premises include a studio area on the ground floor in need of refurbishment, offering an excellent opportunity for a buyer to expand and further add value. There is further scope to extend the studio or retail space, subject to the necessary planning permissions (previously granted but now lapsed). The premises also includes a fully modernised three bed room flat on the first and second floor let as an HMO.

This opportunity is available for - Full freehold purchase of the entire building.

An ideal investment for an operator looking to modernise, diversify services, and capitalise on a high demand location.

Freehold price of £650,000 for the whole building includes shop needing modernisation on the Ground Floor with business trading as Launderette with all the fixtures/fittings and empty studio flat needing modernisation on the ground floor and fully modernised three bedroom flat on first/second floor above the shop including all the furniture and fixture/fittings.

The first floor three bedroom flat above the shop, currently let as an HMO and generating approximately £26,000 per annum, Empty studio flat on the ground floor needs modernisation and Launderette at the ground floor shop producing a gross profit around between £45,000 to £60,000 per annum.