Retail premises for sale in Launderette & Dry Cleaners NE62, Northumberland

£150,000
Retail premises for sale
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Property description

Freehold commercial laundry & dry cleaners in Northumberland for Sale.

This is an outstanding commercial laundry and dry cleaning business which was founded over 40 years ago and is one of the largest independent operators in Northumberland. The business is only reluctantly offered for sale by the owners due to their overdue retirement. The business has over 40 regular customers and provides its services predominantly to other commercial enterprises such as guest houses, hotels, restaurants etc and this is continuing to grow. The concern offers huge scope for enthusiastic, new, younger owners, the current vendors are continually expanding the business with targeted mail drops, utilising a web site, social media sites, targeted mail drops and a network of agencies. Weekly Turnover £2,500. In addition, the dry cleaning business provides services direct to the public utilising the same marketing channels. Profits could be increased by marketing the business to potential new clients. Currently the business enjoys an excellent reputation and almost all new business comes via personal recommendation. The business boasts a gross profit of 20% and has considerable potential for expansion. The current owner, a former sales and marketing director of a plc, has written a business development plan which is included in the sale. Many recent improvements have been undertaken here to ensure the business runs smoothly such as a new hot water boiler and a new apex roof having been installed within the last two years and a complete refurbishment of the large washing machines including a new water pump, replacement bearings, power supplies and drive belts. Viewing here is highly recommended – huge potential. The Premises are freehold and briefly comprise:- The premises are situated to the north of Newcastle, close to Morpeth, adjacent to a busy main road and briefly comprise spacious ‘sales shop’ laundry with an impressive range of commercial washers and dryers leading through to plant and store room with dry cleaning and finishing room beyond. Clean laundry store and WC. Option to Acquire Business Only.
EPC Band E.
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For more information about this property, please contact
Ernest Wilson, LS27 on +44 113 482 9940 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ernest Wilson, and do not constitute property particulars. Please contact Ernest Wilson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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