Retail property (high street) for sale

LOCATION
Chapel Laundry Services was established by the current owner over 10 years ago and has gone from strength to strength now operating out of two well presented premises, situated on Wilkes Road in Sandown and Clarendon Road in Shanklin.

DESCRIPTION
Offering self-service Monday-Sunday 8am-8pm. The owners also offer professional serviced washes and ironing for commercial and domestic clients Monday-Friday 8am -4pm. This includes a well-established and mature collection and delivery round that operates all year.

Both premises benefit from CCTV and air conditioning and are fully equipped offering the following: Shanklin: 6 x washers, 9 dryers, 1 x rotary ironer/dryer and one conventional rotary ironer
Sandown: 7 x washers, 6 x dryers, 2 x rotary ironers.
Both sites have cash and contactless self-service payment options.

A full inventory can be provided to bona fide applicants upon request.

TERMS
Our client is asking Guide Price £385,000 for the long leasehold of both units (Remainder of 900-year leases) to include the fixtures, fittings & goodwill of the business.

OUTGOINGS
19-21 Clarendon Road: Rateable Value: £7,200 Estimated rates payable circa £2,160.

3 Wilkes Road: Rateable Value: £5,300 Estimated rates payable circa £1,584.

VIEWING
All viewings to be arranged strictly via the agent. Please contact Lisa Mercer or Charlie Dickson on[use Contact Agent Button] or [use Contact Agent Button]