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Freehold Launderette with Flat for Sale in Hafod, Swansea

Hafod Launderette of 16 Neath Rd, Swansea SA1 2ES., ID 224448

Freehold Launderette with Flat for Sale in Hafod, Swansea 1
Freehold Launderette with Flat for Sale in Hafod, Swansea 1
Asking price:
GBP£194 995
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Description

CoGoGo presents an unmissable opportunity to acquire a well-established laundrette in the heart of Swansea, operated by the same owner for over 32 years.With a strong local presence, loyal customer base and excellent online reviews, this business is ideally suited to a hands-on owner or an investor seeking a ready-to-run operation.The laundrette is located in the busy Hafod area of Swansea, benefiting from strong footfall and high visibility. The surrounding residential catchment provides consistent trade, while nearby transport links and local amenities ensure convenience for a wide range of customers.This long-established, community-focused laundrette has been operated solely by the owner for over three decades and is now offered for sale due to retirement. With no current staff in place, it provides a streamlined transition and an excellent opportunity for a new owner to expand and develop the business further.Selling PointsOver 32 years of trading historyFreehold property with rental flat aboveStrong Google reviews and loyal customer baseScope for growth through extended hours, advertising and commercial contractsThe laundrette is fitted with professionally serviced equipment, including three eco-friendly 18kg washing machines (approximately 2.5 years old) and four commercial coin-operated dryers. There are currently no self-service machines on site.There is significant potential to increase revenue through:Extended opening hours to capture additional local demandIntroduction of ironing servicesCollection and delivery servicesAddition of dry cleaning servicesCommercial laundry contractsLocal advertising and marketing (currently underdeveloped)PremisesThe premises are well presented and include approximately £10,000 worth of laundry equipment, all included in the sale. The shop provides a clean and functional trading environment with existing signage and security in place.The freehold property also includes a one-bedroom flat above the shop, currently let at £150 per week, providing an additional income stream or potential owner accommodation.TenureFreehold. The property has been valued at £150,000.HoursMonday: 9:00 am to 1:00 pmTuesday to Friday: 9:00 am to 3:00 pmSaturday: 9:00 am to 12:00 pmSunday: ClosedStaffThe business is currently owner-operated with no employees, resulting in low overheads and a simple handover.Financial ProfileFinancial information is available upon request.

Details

Real Estate: Real Estate Included
Asking price: 194 995 gbp

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