Starting Up
Anyone thinking of establishing a pawnbroking business will need to satisfy a number of criteria
Trade Premises
To operate pawnbroking using a standard pawnbroking agreement a pawnbroker must conduct business from licensed trade premises and the trading name must agree with the name under which it is licensed to trade.
In general terms this will mean a High Street type premises, although subject to appropriate licensing and retail use this may sometimes be say, a first floor office. The planning use normally required would be either A1 General Retail or A2 Professional and Financial.
If you are uncertain as to use you should check this with the planning department of the local Council in the area that your premises are situated.
