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Unit 5, Londesborough Road, Scarborough Offers in Excess of £125,000

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    Unit 5, Londesborough Road
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    Unit 5, Londesborough Road
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    Unit 5, Londesborough Road
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    Unit 5, Londesborough Road

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  • LEASEHOLD COMMERCIAL LAUNDRY
  • REALISTICALLY PRICED TO ATTRACT INTEREST
  • RENT - £2,000 + VAT PER QUARTER
  • BUSINESS OPEN AS USUAL

Offered to the market with CPH COMMERCIAL is this VERY WELL ESTABLISHED LEASEHOLD COMMERCIAL LAUNDRY, presenting a fantastic opportunity for anyone wanting to be their own boss! The business was established in the 1970's and was bought by the current owner in 2006, who has significantly increased the client base and therefore the turnover. The business is to be SOLD AS A GOING CONCERN and only comes to the market due to the current owner's impending retirement.



Rooms

INVENTORY:

Listed below are the key items that will be included in the sale - this is list is subject to change. 2 x Iveco Daily Vans (1x 2002 MWB 35-s-10, 1x 2006 XLWB 35-c-11) 4 x Ipso Hw131C High spin washing machines 2 x Ipso We95C Standard spin washing machines 2 x Ipso We73C Standard spin washing machines 1 x Ipso Hw164C High spin washing machine 2 x Miele PT7136 plus Tumble dryer (electric) 1 x Warwick 70lb Gas Tumble dryer (WTD71G) 2 x ADC 75lb Gas Tumble dryers (1x ADG75HS, 1x ADG75D) 6 x ADC 50lb Gas Tumble dryers (5x ADG50HS, 1x ADG50D) 1 x Fabricare 30lb Gas Tumble dryer (30SLG) 1 x Electrolux IM3316 1.6Mtr Gas Ironer 1 x Ipso DI 1800/4 1.8Mtr Gas Ironer 1 x Electrolux IM3320 2.0Mtr Gas Ironer 1 x Ironing Table Silc S/AAR Electric 2 x Portacabin drying rooms office furniture Computer Cctv system

LOCATION:

Scarborough is an established commercial, tourist and retail centre, approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: ONS and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast attracting an estimated 7 million visitors a year.

THE BUSINESS:

Viking Laundry was established in the 1970's and was purchased by our client in 2006. The business now benefits from a loyal and extensive customer base and this is reflected in the accounting figures. The accounts will be made available to seriously interested parties.

THE LEASE:

The annual rent payable equates to £2,000 per quarter + VAT. Our client has had a discussion with the landlord about signing a new 6 year lease. The current lease is available to view on request.

BUSINESS RATES:

The property has been assessed for business rates as follows: 2010 RV - £7,100 2017 RV - £6,800 The current occupier should qualify for 100% rating relief for the 2017/18 financial year. Further details are available on request.

VAT:

All figures quoted are exclusive of VAT however, our client reserves the right to charge VAT if applicable.

SERVICES:

The property benefits from 3 phase electricity, gas and water supplies. Prospective purchasers are advised to make their own enquiries with regards to services.

VIEWING:

By appointment only via the Sole Agents: CPH Property Services 19 St. Thomas Street Scarborough YO11 1DY Contact: Joe Walker MRICS Tel: 01723 352235 Email: joe@cphproperty.co.uk

PROPERTY REF:

ESC 10493


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Name Location Type Distance
Unit 5, Londesborough Road
Scarborough YO12 5AF
County: North Yorkshire
Sale Type: For Sale
Ref #: 10493
Joe Walker
CPH - Sales
 
  01723 352235