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Much Loved Charity Shop Business For Sale

London, London, UK
Asking Price:
£29,950
Sales Revenue:
£105,642
Cash Flow:
Available on request

Business
Please quote reference B06288

Hilton Smythe is delighted to present to the market Give a Little, a much loved community charity shop established by our client in April 2010.

The well regarded Independent shop is now being sold due to our clients decision to re-locate however she will ensure a full business handover is given to ensure a smooth transition.

Give a Little was set up to help support both charities located in the UK and overseas and has been awarded as the "best recycling charity shop in Streatham".

The shop is fully stocked by local donations and displayed in a quirky, unique way to best display hundreds of goodies available to buy.

The sale of the business includes -

Central console
Glass display/cabinet
Desk/display and till
All bookshelves and clothes rails and cupboards
Security cameras and monitor
Full sound system
Sofa/coffee table

The community oriented shop is an ‘Aladdin’s Cave’ with an ever changing choice which changes daily! Key items always include - hand-bags, good quality clothing for adults and children, shoes, hats, toys, belts, bric-a-brac, books, linen, games, records, electricals, jewellery and some small pieces of furniture.

It is clear to see the staff and volunteers enjoy working in the shop, they have created a relaxing environment where customers/supporters can sit and relax, soak up the music

What makes Give a Little different from other charity shops is the cause they support changes every 3-4 months, they also listen to their customers/supporters to which charities they would like to try and help.

Charities they have supported include -

Todos Juntos Children Foundation
Hannan School Morocco
Sound Mix
Kisayke Children's Trust
IMET Pal
Street Children of Bahia
Love Trust
Social Evening and Hardship Fund
Friends of Hillside Garden Park
Condor Trust for Education
Crossworld
International Child Campaign
HEAL Kids Foundation
The Andrew Clark Trust
Child Action Group
Snehalaya
The Mzimkhulu Trust and Imet 2000
West Norwood Food Bank
Streatham Refugee Drop In

Very rarely do much loved charity shops of this standard or location ever come on to the open market and we therefore recommend any serious buyer to make an early appointment to view.

Key selling points -

Nominated as 1 of the best charity shops in south London
New lease term to be offered
Over 10 years trading history
Over £100,000 given to charities
Business website included
Facebook page - 493 followers
Instagram page - 202 followers
Ethical values and people focused
Excellent customer/supporter feedback
Full business handover offered
Nil business rates

Location
Give a Little Charity Shop occupies a prominent corner trading position on Streatham Hill/Cricklade Avenue.

Streatham High Road (A23) is a renowned destination offering an excellent choice of independent stores, cafes, restaurants, takeaways, high street banks, supermarkets and well known high street retailers as well major leisure facilities such as DW Fitness First, Virgin Active and Odeon cinema.

Streatham is a busy residential suburb in south-east London, enjoying an increasing number of new residents attracted by its choice of recreational areas and leisure facilities which include the ice rink, Tooting Bec Lido & Streatham common while the High Road offer unpretentious Asian, Italian and Middle Eastern dining , and is home to the Hideaway jazz venue.

Streatham is a popular multicultural area which always attracts a mixed and interesting footfall throughout the day and night.

Nearest mainline station is Streatham Hill which is only 2 minutes’ walk up from this business.

There is a choice of pay and display parking spaces on the adjacent streets as well more free parking spaces available further behind.

Premises
Ground Floor (retail area accessed by double doors located at the corner of the building)

Large retail area/service counter

Lower Ground Floor

Changing room
2 x storage rooms
Staff kitchen area/toilet

Tenure
We are advised that the business is being sold on a Leasehold basis, with a new lease to be offered to the new buyer. The rent is £1,950 per month.

Hours
The business hours are -

Monday – 10:30am – 6:00pm
Tuesday - 10:30am – 6:00pm
Wednesday - 10:30am – 6:00pm
Thursday – 10:30am – 6:00pm
Friday - 10:30am – 6:00pm
Saturday – 10:30am – 6:00pm
Sunday - 11:00am – 5:00pm

Staff
We are advised that the business is owner ran and managed, with the help of 4 part-time staff members.

Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £105,000, with an adjusted net profit in the region of £32,000. Full financials can be made available upon further request.

Please quote reference B06288

Property Information

Property:

Leasehold

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