Magento-ecommerce small business make money resource

I am looking for web hosting based within the UK (Due to search engine issues it has to be based within the UK). The hosting only needs to be shared and not a dedicated server or virtual.
I will need around 20-50GB bandwidth per month and the usual FTP access/stats etc. Costing £10-£15 per month but [...]

Domain obtained from Yahoo to a Web Host of another company.

finally i founded the web hosting i needed at nikaksa.net or do you recommend something else?

It will be new so there wont be many users, is a freewebhost sufficient?
What would be average bandwidth needed?

I am interesting in buying an existing web hosting company , do I need to have expert knowledge of computer programming ? If so , where can this be outsourced ?