Property Details

LAUNDERETTE BUSINESS FOR SALE - Bournemouth

For Sale - Available
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Property ID: C6525

For Sale Rental: £7,200 p.a.

Features

  • Launderette business with all equipment for sale
  • store room and cloakroom

Address

  • 674 Wimborne Road, Moordown, Bournemouth, BH9 2EG

SITUATION
Situated on the main arterial road that runs through the suburb of Winton / Bournemouth, this shop is in an excellent position situated along with many other independent traders, national banks, cafes and close to the Tesco express.

THE BUSINESS
The business is situated in a busy location and benefits from the large student accommodation (67 units) above the property with a further 30 units planned for behind the property.
The current equipment in situ is approximately 14-15 years old and consist of 8 washers and 10 dryers. The shop is, for the most part, run unmanned.

ACCOMMODATION
Sales area: 15’7” x 26’6” (4.76m x 8.1m)
414.86 sq.ft. (38.56 sq.m.)
Rear store: 10’1” x 9’6” (3.08m x 2.9m)
96.20 sq.ft. (8.93 sq.m.)
Cloakroom/WC

TENURE
Lease assignment of the current lease which expires on 24th December 2037 with rent reviews every 3rd anniversary. The current rental is £7,200 per annum payable quarterly in advanced.

TURNOVER
We understand that the turnover is in the region of £45,000 p.a. but we have not had sight of any accounts.

PREMIUM
£35,000 for the remainder of the lease, goodwill of the business, fixtures and fitting.

EPC RATING – D

LEGAL FEES
The incoming tenant will be responsible for their own legal fees.

VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

VIEWING AND FURTHER DETAILS

By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Property Map
Call today to discuss your property needs on 01202 551 821 for Commercial, 01202 552 236 for Residential or 01273 771 393 for Brighton