This is one of a series of Brexit stories from Lambeth businesses. Lambeth For Europe have been collecting stories from local small and medium sized business owners on the impacts of Brexit on them: now and in the future.
We have bicycle shops and servicing centres - with great coffee - in West Norwood and in Herne Hill.
"Costs have already gone up so our margins are stretched"
Our Brexit story
Costs have already gone up [due to the post-referendum fall in the pound] so our margins are stretched, as retail prices stay the same.
How Brexit might affect us
Brexit could affect us in a number of ways:
- Price rises due to low value of the pound expected after Brexit
- Internet sales may be able to offer lower prices from abroad
- Availability of certain products uncertain after Brexit
- Foreign staff – will they be allowed to stay?
See more Brexit Business Stories from Lambeth.