Opening a buy,sell,trade shop in uk

[the-don]

Hello

as title says im opening a buy,sell,trade shop in uk, similar to cash generator but without the pawning.

Now when customers come in shop to sell for example a iphone 5? I understand I need to take 2 forms of ID. then take photocopies and what items that customer sells to the shop and store away safely.

I understand that police might come into the shop asking to see what has been sold in the shop.

Now do we have to keep the item for a certain amount of time? or can it be put on the shop floor straight away?

Also if do decide to start lending money for there items, and they borrow the money for 30 days against there item,, and they miss the payment, can it be sold straight away?

and last question,, as selling second hand electronics, is it true will have to cut the plug off?

thank you
Gaz

 

[Scalloway]

You might need a licence from your council. This is a random sample that came up on google

http://www.bolton.gov.uk/website/pages/Secondhandgoodslicence.aspx

 

[the-don]

Hi scalloway thanks for reply,

I just checked that and typed the same thing in but with somerset council and it didn't say anything,, so not sure if that's different with certain councils

 

[Maxwell83]

You don't need a licence in Somerset

https://www.southsomerset.gov.uk/li...s-directive-not-applicable-in-south-somerset/

If you want to lend money against items, you will need a CCL

https://www.gov.uk/offering-credit-consumers-law

 

[Massive_stock_sale]

Hi,
I have a large stock of used items. Most of them are customer returns. They range from electronics to stationary and also include branded shoes. Please get in touch if you are interested.

I have decided to sell it beause I don't have much spare time to look after the business.

If you're looking for stock. this would be an ideal starting point.

 

[the-don]

Hi there,

Yeah could be interested,, is there a site I can view the stock?

Also is the returns tested and working or is it untested?

Also where is located?

Thank you
Gaz

 

[Massive_stock_sale]

Hi,
I don't have anything listed anywhere at the moment. Most of the stock is untested, I also have around 15% working and 15%faulty. I am based in nottingham if you wish to have a look.

cheers