Leasehold Linen Hire Business Located In Threemilestone Truro, Cornwall

Leasehold Linen Hire Business Located In Threemilestone Truro, Cornwall
Low Overheads
Ref 3019

Leasehold Asking Price: £24,950

Location
This leasehold Linen Hire business is located in Threemilestone near Truro. Situated within a very popular trading estate (3 miles) from Truro city centre. Truro is the retail hub of the county boasting a string of large blue chip and niche independent retailers along with an array of bars and restaurants.

Business Description
Veritas Business Sales are delighted to offer to the market this popular leasehold Linen Hire business which is located 3 miles from the city centre of Truro. The business has been in the capable hands of our client for the past 7 years, they are now offering the business for sale so that they can enjoy a well-deserved retirement
Since ownership they have invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. (some of the items are leased and shown on page 2). HB Services is owner operated, comes with no staffing liabilities and for year ending March 31st 2024 posted an annual turnover of £80,707. They offer bespoke Linen Hire service for holiday lets, second homes or private residences from their fully equipped industrial unit, which is based in Threemilestone, Truro.
We believe that there is further potential to increase trade should you wish by simply advertising locally, Truro is surrounded by holiday lets as well as caravan sites. The business enjoys a very strong reputation locally and beyond for its quality and service and as such has a high level of regular repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – Friday – 10:00 – 16:00
Saturday & Sunday – closed

Leasehold
Original Term: 6Years
Remaining: 5 years
Rent: £3,750 pa
Reviewed: 3 years
Rates: zero

Ground Floor
Work area (6.2m x 6.0m) comprising: various shelves, 3 x large tables, ultima washing machine (Hot Point), (owned),
Caterwash CK8516 (owned), Caterwash CK8518 (o), Caterwash CK85 18, (owned), steam iron & board, various plastic
laundry bins, 2 IPSO ILC98 washing machine (leased), T5350 dryer (Electrolux) (leased), roller press 1.6m (Electrolux) (leased), desk,
chair and filing cabinet.
Toilet (1.6m x 0.9m) with w/c and wash basin.

External
Front parking for (2) and 3 x linen drop off boxes.

EPC Rating C