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Guide price

£85,000

Retail premises for sale
Reading, Berkshire. RG1

    • 1 bath

  • EPC Rating: B

Leasehold
Added on 01/07/2025

About this property

  • Business for Sale

  • Leasehold for Sale

  • High Street Location

  • Short hours

  • Easy to manage

  • Delivery partners

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 recognised hub for phone shops, repairs, and accessories for over a decade, attracting consistent foot traffic and loyal customers.

The business specialises 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: £85,000 (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.

Enquiries & Viewings:
If you would like to enquire or book an appointment, please contact us:
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Monthly repayment

£425 per month

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