DESCRIPTION: Substantial prominent corner property on the fringe of Blackpool Town Centre. Exceptionally clean and fully equipped Launderette fully equipped with pressurised hot water system. The business provides Launderette service only offering excellent scope to expand with a pick up and drop off delivery services to the many surrounding businesses and hotels, weekend openings and a dry cleaning agency. Separate front entrance gives access to a self-contained three bedroom flat with central heating and double glazing. The business is operated by the vendors and averages £700 a week and the flat is let out at £110 per week. May consider sale of the business only £15,000 ingoing, new lease, rent £5,000 per annum.
LOCATION: At the easterly end of Albert Road at its junction with Regent Road in Blackpool Centre
Ground Floor: Corner launderette with tiled floor, split level with 2 areas (4.4m x 6.4m and 2.6m x 4.5m); rear wash room and wc (5.6m x 4.3m), tiled floor and walls; basement with water tank and 2 pressurised hot water cylinders. Separate entrance to flat:
First Floor: Lounge with corner bay window; kitchen with fitted base units; ancillary store room; 3 bedrooms; bathroom with wc and wash hand basin.
Exterior: 2 parking spaces to forecourt and 1 space to rear.
BUSINESS: The business is fully equipped including 6 Ipso 16lb washers, 2 Primus washers, 5 Loadstar gas dryers, Spinner, 3 ADC gas dryers. A full inventory will be prepared by Kays prior to exchange of contracts. Extracts from the accounts for the year ending 31/3/2018 confirm a turnover of £31,701 with adjusted net profits in the region of £18,000. Full accounts will be made available to interested parties after viewing. Hours: Monday to Friday 9am to 5pm, scope for weekend trade.
SERVICES: All mains services connected plus pressurised water system. Central heating and double glazing to flat.
TENURE: Freehold or Leasehold business only, new full repairing & insuring lease, rent £5,000. Option to purchase any time.
Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.
Albert Road Launderette, 38-40 Regent Road, Blackpool FY1 4NB
Tenure Type: Both
Private Living: Yes