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Laundry & Ironing Opportunity

Sunderland £35,000 Leasehold (fees apply) REF: NE2098

Location

The business is located within a busy parade in the centre of Grangetown, close to the junction of Ryton Road with Leechmere and Queen Alexandra Road.

This is a predominantly residential suburb 1.5 miles south of Sunderland city centre and there have been a number of new housing developments built south of Grangetown off Ryhope Road.

Business

This business was established by our client in 2021 and has been operating from a couple of sites under the same family ownership This site has been reluctantly placed on the market due to ill health.

This is a popular and reputable business which offers laundry and ironing services.  Dry cleaning services are also provided but this service is delivered by a third party. The plant on site was new in 2021 and all items are in good working order.  There are currently 4x washing machines, 4x dryers and 2x steam irons.

The site has only recently closed and previously operated on short hours by choice.  There is scope to expand all services and viewing is recommended to appreciate the opportunity.

Premises

Comprises a ground floor lock up retail unit forming part of a larger terrace.

Ground Floor

Retail Unit                    580 sq.ft. (54 sq.m.).

Laundry Area               215 sq.ft. (20 sq.m.).                

External

W.C.

Previous Trading Hours

Monday – Friday                       8am – 4pm

Saturday                                   9am – 2pm

Sunday                                        closed

Fixtures & Fittings

A full inventory would be made available prior to an exchange of contracts.

Rates

The premises are assessed as follows:

Rateable Value £6,400

Rates free incentives subject to status.

Tenure

We are verbally informed that a new EFRI lease is available at a commencing rental of £6,060 per annum. Full details on application.

EPC

Rating B - If you require sight of the Energy Performance Certificate prior to making a viewing appointment then please get in touch with this office.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations, the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

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