Iford Laundromat, 11 Castle Parade, Iford, Bournemouth, BH7 6SH

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Reference: SGC/30191
Property Type: Retail
Property Term: For Sale
Contract: For Sale
Size: 500ft2
Price: £35,000 for business

LOCATION

The property occupies a most prominent location at Iford Roundabout and the meeting of Barrack Road (A35), two of the busiest roads in Dorset in an established parade of shops serving the densely populated immediate vicinity of Iford, Boscombe East, West Christchurch, Southbourne and surrounds.

Both roads are also a main bus route.

The Parade has a designated service road to the front offering customer parking.

ACCOMMODATION

Laundrette

Internal width –   18’ 7”
                           
Depth              28’ 9” max
                           

Currently partitioned to provide main laundrette area and stock room.

Fully equipped with:
1 Maytag front loader washer
4 x Ipso 15lb washing machines
2 x JLA 20lb washing machines
1 x JLA 40lb washing machine
8 x American Dryer Corp 30lb 
dryers 
1 x ADC 50lb dryer
Soap Dispenser

Plant Room
102 sq ft

Staff WC

Outside

To rear on-site car parking for 2 cars

LEASE

The premises are held on an existing 5 year full repairing and insuring lease from 29th September 2023 at a current rent of £12,000 pa subject to a single review in September 2026.

The Business

Established 1982 currently no service wash facilities are offered.

Staff

No staff.  The business operates with door timers

Opening Hours

8am – 8pm 7 days per week

Turnover

Approx £45,000.
As agents we feel this figure could be increased significantly with the introduction of service washes.

Accounts will be made available to genuine interested parties.

BUSINESS RATES (source: www.voa.gov.uk)

Rateable Value- £9,000
Small business rates relief will apply, subject to status

PRICE

£35,000 for the lease, goodwill, all fixtures, fittings equipment and SAV.

ENERGY PERFORMANCE CERTIFICATE

Renewal commissioned

 

50.740601, -1.8118899

Property Misdescription Act and Misrepresentation Act: These particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract. Nettleship Sawyer cannot guarantee the accuracy of any description, dimension, references to condition, necessary permissions for use and occupation and other details contained herein and the prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy. No employee of Nettleship Sawyer has any authority to make or give any representations or warranty or enter into any contract whatever in relation to the property. Rents or prices quoted in these particulars may in addition be subject to VAT. Nettleship Sawyer will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.