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Well-established Laundry Business In Ullapool For Sale

Ullapool, Highland
Asking Price:
£75,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

• Well established commercial and domestic laundry business in a busy trading location in the thriving and most attractive town of Ullapool.

• Strong turnover with credible adjusted net profitability and further business development.

• A sustainable business meeting the needs of specific markets forming diverse income streams.

• Premises extending to circa 76m2 with customer parking.

• Turn-key operation with an excellent range of commercial equipment.

Property information

Property:

Leasehold

Lease Terms:

The lease will run until Sep 2028 with an annual rental of £6200 plus VAT. Rent reviews will be every 5 years from September 2016. A copy of the lease will be made available to interested parties post viewing.

Leasehold Rent:

£6,200 per annum

Location:

The property is centrally located in Ullapool opposite Tesco, ideally suited to meet the needs of businesses and private individuals alike. Ullapool is a small yet thriving town on the West Coast of Scotland with a population of circa 1300. The Town is situated on Loch Broom and provides a most necessary service to the Western Isles by means of a ferry. The Town of Ullapool is on the NC 500 tourist route which generates a constant stream of visitors to the area. Geographically Ullapool is dominated by rugged mountains and some of the most spectacular scenery in the Highlands which attracts a great many visitors who enjoy both mountain pastimes and watersports. Ullapool has a strong reputation as a centre of culture with various festivals throughout the year which draw in a high number of repeat visitors. The Town also has excellent welfare and amenity services.

Premises Details:

BUSINESS DESCRIPTION
The business is now in its 20th year of operation and offers a year-round service to the business community in Ullapool and the surrounding areas. It also provides a service to the residential community. This essential business prides itself on the speedy and economical service it provides to its clients. Trading provision includes a commercial service to the many hotels, guest houses, bed & breakfasts and self-catering establishments in the wider area. The vendor presently has around 150 regular clients but there is undoubted business expansion potential. The business offers in-house service-washes and self-service washes through the provision of coin operated machines to private individuals and the many visitors to the area. Other services include a dry-cleaning service (which is sub-contracted out), large item laundry, carpet & upholstery cleaner hire and a drying & ironing service. The Ullapool business trades with the equivalent of 2 full-time staff during the summer months with minimal input from the owner. In addition, part-time staff are used in the peak summer months.

The business opening times are:
Summer:
Monday to Friday - 9.00am to 5pm
Saturday - 9.00am to 4pm
Winter:
Monday / Wednesday - 9am to 5pm
Friday / Saturday - 9am to 1pm

THE PROPERTY
The subjects extend to 76m2 approximately, comprising of a ground floor industrial unit within a complex of similar sized businesses. The subjects are of cavity block construction with pitched roof with skylights providing additional natural lighting. To the front of the unit is a reception desk with the service area configured in a ‘U’ shape to the rear. In this side and rear area are banks of dryers and washing machines. There is an area set aside for ironing with numerous commercial roller irons. There is a staff area and washroom.

SERVICES
The premises are connected to mains water, electricity (3-phase) and drainage, with an LPG gas tank to the rear of the subjects.

Business Operation

Reasons for selling:

The owner purchased the business of Ullapool Laundry in 2016 to add to her established Lochinver facility. Having now closed the Lochinver facility and moved the business to Ullapool it is her desire to concentrate on her other business interests and place the full operation on the market.

Other Information

Related Documents:

Contact Information

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