Union Street, Reading, RG1

Mobile Phone Shop ~ New instructionReference ID: 3485

£100,000 (£23,077 PW)

Description

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.


.

Floorplan

EPC

No EPC chart found

Map & nearby

Primary
E P Collier Primary School
Primary Distance: 0.39m
Primary
Coley Primary School
Primary Distance: 0.49m
Primary
Katesgrove Primary School
Primary Distance: 0.52m
Primary
Oxford Road Community School
Primary Distance: 0.52m
Secondary
Kendrick School
Secondary Distance: 0.60m
Primary
Thameside Primary School
Primary Distance: 0.65m
Primary
All Saints Church of England Aided Infant School
Primary Distance: 0.68m
Primary
All Saints Junior School
Primary Distance: 0.68m
Primary
St Anne's Catholic Primary School
Primary Distance: 0.86m
Nursery
New Bridge Nursery School
Nursery Distance: 0.88m
Primary
New Christ Church Church of England (VA) Primary School
Primary Distance: 0.93m
Primary
St John's CofE (Aided) Primary School
Primary Distance: 0.95m
Primary
Battle Primary Academy
Primary Distance: 1.03m
Secondary
Reading School
Secondary Distance: 1.06m
Primary
St Mary and All Saints Church of England Voluntary Aided Primary School
Primary Distance: 1.07m
Primary
New Town Primary School
Primary Distance: 1.07m
Nursery
Caversham Nursery School
Nursery Distance: 1.10m
Primary
Caversham Primary School
Primary Distance: 1.15m
Primary
The Palmer Primary Academy
Primary Distance: 1.20m
Reading Town Centre, Friar Street (Stop FP)
Bus Distance: 0.03m
Reading Town Centre, Friar Street (Stop FM)
Bus Distance: 0.03m
Reading Town Centre, Friar Street (Stop FN)
Bus Distance: 0.05m
Reading Town Centre, Friar Street (Stop FL)
Bus Distance: 0.06m
Reading Town Centre, Friar Street (Stop FE)
Bus Distance: 0.07m
Reading Town Centre, Friar Street (Stop FJ)
Bus Distance: 0.07m
Reading Town Centre, Friar Street (Stop FH)
Bus Distance: 0.08m
Reading Town Centre, Station Road (Stop EF)
Bus Distance: 0.08m
Reading Town Centre, Friar Street (Stop FD)
Bus Distance: 0.08m
Reading Town Centre, Station Road (Stop EE)
Bus Distance: 0.09m
Reading Rail Station
Train Distance: 0.18m
Reading West Rail Station
Train Distance: 0.72m
Earley Rail Station
Train Distance: 2.61m
Tilehurst Rail Station
Train Distance: 2.65m
This image is no longer available
Google
Image may be subject to copyright
No files found

Information

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.

Book a viewing Make an offer

Contact agent

Jaz Babbar
Jaz Babbar
Galaxy Real Estate

Details about

Union Street, Berkshire, RG1

£100,000
(£23,077 PW)
  • Mobile Phone Shop
  • 0 Reception
  • 1 Bathroom
  • Studio Bedroom
  • Garden: Yes
  • Parking: Yes
  • Add to favourites

Share this property

Key features

  • Business for Sale
  • High Street Location
  • Easy to manage
  • Delivery partners
BESbswy