Quality Laundrette For Sale with a high income

Paignton, Devon

£595,000 Freehold
Preston Laundry & Launderette 27-29 Seaway RoadPreston Laundry & Launderette PaigntonDevonTQ3 2NXView Map

A high-income producing quality laundrette for sale with luxurious 4-bedroom apartment above. This business has been successfully owner operated for many years and all the machinery is top of the range Electrolux and is only now being placed onto the open market due to much overdue retirement. The owner’s accommodation is spacious and presented in excellent condition and has a large terrace and garden. The premises are in Preston, Paignton, which is a highly sought-after coastal location in Devon. There is convenient access and free parking immediately outside. Early viewings are highly recommended.

A high-income producing quality laundrette for sale with luxurious 4-bedroom apartment above. This business has been successfully owner operated for many years and all the machinery is top of the range Electrolux and is only now being placed onto the open market due to much overdue retirement. The owner’s accommodation is spacious and presented in excellent condition and has a large terrace and garden. The premises are in Preston, Paignton, which is a highly sought-after coastal location in Devon. There is convenient access and free parking immediately outside. Early viewings are highly recommended.

Preston Laundrette ideally located just off the main Paignton Esplanade and within a short walking distance of local amenities, including sea front, harbour and town centre. The property is situated in a sought-after part of Paignton, part of the English Riviera which is made up of three main towns: Paignton, Brixham and Torquay. It is centrally located on the level with beautiful flat sandy beaches nearby. The property is within a short driving distance of Brixham and Torquay or it’s easy to catch public transport if you don’t want to drive. Nearby is the main train and bus station and easy access to main motorways linking all parts of the UK.

The business has been successfully owner operated for over 25 years and offering self-service, serviced washing, contract washing, dry cleaning and much more. The machinery is top of the range quality Electrolux, which means reliability. Our client has deliberately scaled back their business of late to accommodate a very much overdue retirement however, the demand has never been greater and the opportunity to acquire this turn-key business is not to be missed. Actual trading accounts will be made available following a successful formal viewing.

ACCONMMODATION COMPRISES
A large double glazed fronted property with door to

MAIN WASH AREA
12.29m x 5.32m

A bespoke space for all the washers, tumble and spin dryers , together with bench seating to each machine. The room benefits from tiled flooring throughout, suspended ceiling, customer seating and machinery as follows.

1. 8 x 8kg washing machines
2. 3 x 11kg washing machines
3. 1 x 18 kg washing machine
4. 8 x tumble dryers
5. 1 x 12 kg extractor

IRONING ROOM
6.42m x 3.56m
This room is large and benefits from extensive shelving, smaller storage alcoves, kitchenette and 2 x rotary irons.

STORE/BOILER ROOM
3.66m x 3.17m
With extensive shelving, very large pressurised water cylinder, staff toilet and window to rear.

LINEN ROOM
6.28m x 3.51m
This room is mainly used for drying and it benefits from tiled flooring and a bespoke service wash counter which opens to the main customer wash area. To the rear of the linen room is a window and glazed door leading out to the owner’s private garden.

OWNERS ACCOMMODATION
This luxury two storey apartment can be accessed via a door directly from the business or by its own front door to the property.

GROUND FLOOR

HALLWAY
With staircase to
1st FLOOR ½ LANDING

BEDROOM 1
4.17m x 2.69m
A lovely large room with built-in bedroom furniture and large window overlooking the terrace to rear.

BATHROOM
A spacious bathroom with a full-length bath, WC, wash hand basin, tiled flooring and obscured window to side of property.

UTILITY ROOM
4.53m x 1.83m
A conveniently situated space which houses many freezers and ample space for washing machines, tumble dryer and much more. The room benefits from a bank of windows overlooking the terrace and garden to the rear and with a door leading directly to the terrace.

FIRST FLOOR

A spacious landing with doors leading to

LOUNGE
5.16m x 3.65m
A lovely large space with a feature fireplace with inset gas effect fire and bay window overlooking the terrace to the rear of the property.

DINING / LOUNGE
4.85m x 4.32m
Another large room with a feature fireplace with inset gas fire, counter servery archway to the kitchen and bay window to the front with beautiful sea views.

KITCHEN
3.80m 2.79m
A beautifully presented modern kitchen with an array of wall and base fitted units. This kitchen benefits from a full range of electrical equipment which includes a cooker, dishwasher and under counter fridge/ freezer. At the far end is a large window to the front of the property with window seating and sea views.

2nd FLOOR
A spacious landing and doors leading to

BEDROOM 2
3.01 x 2.86m
A single room with window to front which benefits from sea views

BEDROOM 3
4.07m x 3.95m
A lovely double room with window to front which benefits from sea views.

BEDROOM 4
4.08m x 3.61m
A good-sized double room which is currently used as a gym and has a window overlooking the garden to rear.

CLOAK ROOM
With a WC, hand wash basin and window to the rear of the property.

SHOWER ROOM
With an enclosed shower only. (This is situated on the landing within a built-in alcove and screened by a drape.

OUTSIDE
To the rear of the property leading out from the utility room is

FIRST FLOOR

TERRACE
This L-Shaped terrace is tiled and spacious. With ample space for many sofa suites, table and chairs, BBQ and more. At the far end is a staircase leading down to

GARDEN
Another large spacious area with ample space for recreational activities, table and chairs, sofa suites, jacuzzi, BBQ and much more. There is mature planting, palm tree and a separate door leading back into the business on the ground floor.

PARKING
Immediately to the front of the property is free short stay parking and plenty of unrestricted parking nearby.

SHOP OPENING HOURS
Monday – Sunday 08.30 – 18.00

STAFFED HOURS
Monday 08.30 – 13.00
Tuesday 08.30 – 13.00

Wednesday 08.30 – 13.00

Friday 08.30 – 13.00

FIXTURES AND FITTINGS
All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES
Mains gas, 3 phase electricity, water,broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)

TENURE
Freehold

VIEWINGS.
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected]
www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.