Galaxy Real Estate is excited to present a well-established, high-street retail business located in one of London's oldest and most reputable streets for mobile phone trading in Berkshire. This street has been a recognized hub for phone shops, repairs, and accessories for over a decade, attracting consistent foot traffic and loyal customers.
The business specializes in mobile accessories, phone repairs, handsets, and vape products, generating a reliable monthly turnover of £15,000 . Revenue streams are well-diversified: accessories (20%), vapes (10%), mobiles (35%), and repairs (35%).
Key Details:
Premium: £100,000 (Plus Stock At Valuation)
Monthly Turnover : £15,000
Lease: 5 years remaining (non-renewable, but new lease can be provided)
Rent: £34,000 per annum
Business Rates: £300/month
Operating Hours:
Monday to Friday: 8:30 AM – 8:00 PM
Saturday: 8:30 AM – 7:00 PM
Sunday: 9:30 AM – 6:00 PM
Open 7 Days a Week
Additional Running Costs:
Utilities: Approx. £2,040/year
Verisure Security: £63/month
Internet: £30/month
Unique Selling Points:
Western Union services (approx. £150/month extra income)
Deliveroo partner for vape and accessory delivery
Located in a historic mobile trading street, trusted by customers
Expansion Opportunity: Add UPS and Evri parcel services for additional income
This is a rare chance to acquire a fully operational, well-positioned business with strong sales and an excellent reputation in a historically proven trading location. Ideal for an owner-operator or investor looking for a reliable and expandable opportunity in the tech retail sector.
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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
Union Street, Berkshire, RG1