Summary - Reading, Berkshire. RG1 RG1 1EU
1 bed 1 bath Shop
Turnkey business with steady turnover and established delivery partners.
- Monthly turnover approx. £15,000 across repairs, handsets, accessories, vapes
- Premium £85,000 plus stock at valuation
- Leasehold: only 5 years remaining; lenders may refuse mortgage
- Rent £34,000 per annum; business rates about £300/month
- Open seven days with manageable operating hours
- Delivery partners in place; opportunity to add parcel services
- Small retail unit; compact, easy to manage
- Located in high-crime, deprived inner-city student neighbourhood
This turnkey mobile accessories and repairs business sits on a busy Reading high-street trading strip with an established customer base. Monthly turnover is reported at approximately £15,000 with diversified income from repairs, handsets, accessories and vape products, plus ancillary Western Union receipts and delivery partnerships.
The unit is compact and easy to manage, open seven days with extended weekday hours and integrated delivery partners including Deliveroo. Running costs provided include rent (£34,000 pa), business rates (~£300/month) and modest utilities and security fees, making this suitable for an owner-operator or investor seeking an operational retail cash-flow business with near-term expansion options (parcel services suggested).
Important lease and risk information is clear: the sale is leasehold with only five years remaining on the current lease. Lenders commonly refuse mortgages on short leases, and the listing notes this as a material problem; a new lease can be provided but buyers should verify terms and finance options before committing. The local area records very high crime and sits in a deprived, inner-city, multicultural student neighbourhood—factors that affect staffing, insurance and security costs.
Prospective purchasers should inspect the compact trading space and financial records, confirm lease renewal availability and costs, and factor security and insurance into operating projections. The business offers reliable takings and multiple revenue streams but requires careful due diligence around lease length and local operating risks.
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