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Property Overview

  • Size:
    1,011 sq ft / 94 sq m
  • Usage:
    A1, A2
  • Sale Type:
    For Sale
  • Rental Income:
    Undisclosed
  • Property Type:
    Other
    Mixed Use
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    No
  • Tenanted:
    Yes
  • Energy Rating:
    B

Supporting Documents

    General Summary

    London Properties are pleased to offer to the market this well-established Launderette. The premises is located on South Norwood Hill in Selhurst in London, surrounded by a wealth of complimentary shops and businesses, providing ample footfall and new clientele. 4 ipso machines 16lb, 2 ipso machine 25lb, 1 IPSO machine 30lb, 5-speed queen dryer, Cash withdrawal machine, CCTV & Basement. Internal viewings are highly recommended through London Properties by appointment only

    Location

    LOCATION: The premises is located on South Norwood Hill in Selhurst in London, surrounded by a wealth of complimentary shops and businesses, providing ample footfall and new clientele.

    DESCRIPTION: 4 ipso machines 16lb, 2 ipso machine 25lb, 1 IPSO machine 30lb, 5-speed queen dryer, Cash withdrawal machine, CCTV & Basement

    USES: Class E & the Old A1/A2

    PREMIUM: £35,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill

    RENTAL: £10,800 per annum

    TENURE: 10 years left of a renewable lease

    BUSINESS RATES: Nil

    SIZE: Approximately 1011 sq ft

    STAFF: Owner managed with 1 staff

    BASEMENT: Good sized basement

    OPENING HOURS: Monday - Friday 9:00 a.m till 7:30 p.m - Saturday 9:30 a.m Till 6:00 p.m & Sundauy 9:30 a.m till 5:00 p.m

    TURNOVER: Current turnover in excess of £40,000 per annum

    LEGAL COST: To be confirmed

    LOCAL AUTHORITY: Croydon

    ENERGY PERFORMANCE CERTIFICATE: Energy Performance Asset Rating is 43- B Rating. C copy of this property’s energy performance certificate is available on request

    REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord.

    HOLDING DEPOSIT: A holding deposit will be required to secure the property the deposit will buy a period of exclusivity and will be held in the London Properties client account

    AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

    1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

    2. These details do not constitute any part of an offer or contract.

    3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

    4. All rent prices, fees and charges are quoted exclusive of VAT

    VIEWINGS: Through London Properties by appointment only

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