Property description
Court Road in Mottingham is a profitable laundrette with a three bedroom flat above and a self contained garage, located in busy Mottingham close to the overground station. For many years this has been operating as a laundrette business with profitable weekly turnover. Add to this the income stream from both the residential and the garage plus the low outgoings we believe a prospective entrepreneur can enhance value.
Turnover figures will be released to serious parties.
Tenure:
Rent £15,000
Rates £2,800
Rent from garage £1,000 per annum opportunity
Income from flat currently £775 per month but underlet scope to enhance.
Lease 5 years but will be increased to 15.
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