Commercial Property - For Sale Freehold
Church Street, Croydon, CR0
£750,000

• Business & Premises For Sale
• CLASS E Retail Shop & Flat Above
• Busy Central Croydon Location
• Great Commercial Opportunity
• Fully stocked retail business with fixtures & fittings included
• Long-standing brand reputation & customer base

Established Lifestyle & Piercing Business with Freehold Premises for Sale Prime Location – Croydon.

An exciting opportunity to acquire a well-established retail business along with its freehold premises in a prime trading location. Operating for over 26 years, this unique business combines two thriving sectors: smoking & lifestyle products and a piercing clinic with jewellery & accessories.

Business Overview

Trading as: Up in Smoke / London Piercing Clinic
Established: 1998
Location: Church St, Croydon, Surrey, CR0 1RN
Business Model: Retail store specialising in lifestyle & smoking products, professional body piercing, and jewellery sales.

The business has built an excellent reputation and is considered one of the top stores of its kind.

London Piercing Clinic is a high-end body piercing studio with a long-established and experienced reputation in the industry. It was one of the first licensed piercing clinics in the country and has been body piercing since 1988.

Up in Smoke is a market-leading traditional and alternative lifestyle/smoking product shop that has been setting standards in its specialist industries since 1998. They specialise in unique and hard-to-find products in a large range of lifestyle areas. These include alternative smoking paraphernalia, Hand-rolled Cuban and New World Cigars, Holistic products, crystals and incense and much more.

The expanding lifestyle sector and increasing acceptance of the medical cannabis industry create significant growth potential. Additionally, there is a strong opportunity to develop the e-commerce side further and enhance the brand’s digital presence.

Growth Potential

• Expand e-commerce – The smoking shop website is in transition to Shopify, offering an opportunity for further development.

• Leverage social media marketing to grow the business’s online reach.

• Tap into the growing lifestyle & wellness industry as the cannabis market becomes more accepted in the UK.

Premises (Freehold)

The property comprises a commercial unit with retail and studio space plus a self-contained residential apartment:

The Commercial Premise Spaces – Ground Floor
Shop Floor   16.51m (54'2") max x 5.27m (17'3")
Office  2.44m (8') x 1.93m (6'4")
Studio  4.59m (15'1") x 2.39m (7'10")

The Commercial Premise Spaces – First Floor
Store Room  4.26m (14') x 3.10m (10'2")
Kitchen  1.27m (4'2") x 1.26m (4'1")
WC 

Roof Access to the First Floor Apartment
Apartment Living Area  4.61m (15'1") x 3.84m (12'7")
Apartment Bedroom  3.56m (11'8") x 2.33m (7'8")
Apartment Bathroom  2.74m (9') x 1.82m (6')

The rateable Value for the commercial area is £17,500 - Small business rate relief of 50.1% may be available.

The Council Tax Band for the residential element is B