Businesses For Sale
Miscellaneous
Laundry & Dry Cleaners
Sunderland
£70,000 (Leasehold)
REF: NE2150
Location
The business is located within a busy parade on Sea Road which is the main street that runs through Fulwell, towards the seafront. Fulwell is one of the more sought-after suburbs of Sunderland, located approximately 2 miles north of Sunderland city centre with good road access and a Metro station.
Business
A launderette has operated from this location for over 40 years but this business was established by our client in 2021 when the unit was fully refurbished after a fire. Laundry Monster is in the heart of the main shopping district that serves the suburb and is easily accessed with ample free street parking nearby.
This is a popular and reputable business which offers laundry, ironing and dry-cleaning services. There is a wide range of quality equipment included in the sale which will include 5x commercial washing machines, 5x commercial dryers, 2x steam irons and a JMP roller. Most of the larger plant is less than 3 years old.
The business has a customer base which comprises 70% walk-in trade with the remainder being commercial clients that include local restaurants, care homes and hair salons. A collection and delivery service is offered in respect of the commercial clients.
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 635 sq.ft. (59 sq.m.)
Retail Unit
Customer / Laundry Area
W.C.
External
Yard with rear lane access
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 £11,500
Rates free incentives subject to status.
Tenure
We are verbally informed that the premises are held on a 10 year a lease from 2024 at a passing rent of £12,500 per annum. Full details on application.
EPC
Rating B.
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.
Agents Notes
A liveried van is available by separate negotiation.
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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