Spacious Long Established Laundry Business, West End, Glasgow 2706

Leasehold £49,500

This is a rare opportunity to acquire a well established laundry and dry cleaning business with unusually large premises in the heart of Glasgow’s West End.

44m2 ground floor and 208m2 basement with side entrance.

7 commercial washing machines, 5 gas dryers and 3 ironing stations with ample space to expand operation.

Rent £22,500 per annum.

Business, leasehold interest, equipment, fixtures and fittings for sale

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Type of business
This is a rare opportunity to acquire a long established laundry and dry cleaning business in the heart of Glasgow’s West End. Especially spacious premises with ample room for extending the range of services. Viewing is highly recommended. Regular custom from surrounding student population, Air B&B operators, local hotels and vintage clothing retailers. This spacious shop is well suited to its current use with a huge basement for ironing and other ancillary services. Fully equipped with recent commercial equipment including 7 washing machines, 5 gas dryers, gas water heater and 3 ironing stations.
Opening hours
10am - 4pm 7 days. Longer opening hours permitted if required.
Tenure
Leasehold. Annual rent £22,500. Rateable value of ground floor is £13,800 and of basement £6,800. As the basement has its own entrance it could be used for a separate business thus allowing both floors to be exempt from rates.
Premises
The premises are located in a highly visible location in the Hillhead area of Glasgow’s West End. Close to Glasgow University the unit is in a high footfall area with accessible on street parking. The shop comprises a ground floor customer and service area housing the washing machines and dryers. Its basement which is particularly spacious also extends under the 2 neighbouring shops and in addition to access from the ground floor has an additional external side entrance. There is a staff toilet on the ground floor and a kitchen area in the basement. Ground floor is 44m2 (465sqft) and the basement 208m2 (2,196sqft).
Financial information
All equipment, fixtures and fittings are owned outright and included in the sale price. Further financial information can be made available to serious interested parties after viewing.