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A Banksy installation has been spotted in south London which includes the original or replica of the stab vest worn by Stormzy during his Glastonbury headline set.

The anonymous artist, whose work sells for millions of pounds, has taken over a closed-down carpet shop in Croydon and filled it with a “range of impractical, bizarre and offensive merchandise” that will be sold online only.

Crowds gathered on Tuesday morning after the Banksy homewares store appeared overnight underneath a PureGym on the corner of Church Street and Frith Road.

The shop now has a sign above the window reading: “Gross Domestic Product.”

The outlet will not open its doors, though the lights will stay on through the night for the next two weeks so would-be bargain hunters can window shop around the clock.

The artist wants to use the earnings to buy a boat to rescue migrants caught up in the crisis in the Mediterranean.

Among the items on sale are welcome mats made from life vests salvaged from the Mediterranean, each hand-stitched by women living in migrant camps in Greece. Banksy said: “The proceeds from these products will go towards buying a new migrant rescue boat to replace the one confiscated by Italian authorities.

"So you may well be committing a criminal offence by purchasing them.”

Another section of the installation features a baby’s cot with several security cameras pointed at it.

The Union Jack stab vest also sits in the window display beside a sign explaining: “A version of the ‘John Bull’ English gents waistcoat updated for modern times.

“This customised body armour is capable of stopping bullets up to .45 calibre and is fully stab proof. As worn by Stormzy at Glastonbury festival (because it’s very dangerous there.

“Yet not machine washable [sic]. Signed. Edition of 5 plus 2 A/P."

Banksy revealed earlier this year that Stormzy, who was born in Croydon, wore a stab vest he created during his Glastonbury headline set.

The artist, whose identity is a closely guarded secret, said he set up the shop for “possibly the least poetic reason to ever make some art” after taking legal advice during a trademark dispute.

He said: “A greetings cards company is contesting the trademark I hold to my art and attempting to take custody of my name — so they can sell their fake Banksy merchandise legally.

"I think they’re banking on the idea I won’t show up in court to defend myself.”

The artist called on copyright lawyer Mark Stephens, who advised him that selling his own range of merchandise would make it easier to protect his copyright.

Mr Stephens said: “Banksy is in a difficult position because he doesn’t produce his own range of shoddy merchandise and the law is quite clear — if the trademark holder is not using the mark then it can be transferred to someone who will.”

Banksy - In pictures 62 show all Banksy - In pictures 1/62 A new artwork painted by Banksy during lockdown, which has gone on display in a hospital corridor PA 2/62 Banksy’s Girl With A Pearl Earring modified during Coronavirus @Anth0ny_Ward 3/62 Stormzy performs on the Pyramid Stage at Glastonbury Festival 2019 wearing a vest designed by Banksy EPA 4/62 Sotheby's employees pose with 'Love is in the Bin' by British artist Banksy during a media preview at Sotheby's auction house Jack Taylor/Getty Images 5/62 Two men are sitting in front of a famous graffiti of British street artist Banksy, painted on a wall of a gas station in the West Bank city of Bethlehem Getty Images 6/62 Banksy's homage to Pulp Fiction in East London Rex Features 7/62 A new Banksy artwork in Birmingham's Jewellery Quarter appears to have been vandalised days after it first appeared. The mural depicts two reindeer painted onto a brick wall appearing to pull along a bench PA 8/62 Sotheby's host the first unauthorized retrospective exhibition of works by Banksy Curated by Steve Lazarides-Banksy's agent in the early years Alex Lentati 9/62 Graffitti art by the 'guerilla' artist Banksy is seen on May 16, 2006 in Chalk Farm, London. The striking large scale spray-painted image entitled 'Sweeping It Under The Carpet' depicts a maid who cleaned the artist's room in a motel in Los Angeles. The piece commissioned by 'The Independent' newspaper edited on Tuesday by U2's frontman Bono, is intended to represent a metaphor for the west's reluctance to tackle issues such as Aids in Africa Getty Images 10/62 Mural: the artwork before it was covered (Photo: PA) PA 11/62 Banky's Les Mis artwork in Knightsbridge Jeremy Selwyn 12/62 A piece of urban art by Banksy discovered on the wall of the Poundland store in Wood Green Nigel Howard 13/62 A woman attacked by seagulls piece by Banksy, during the press view for the artistís biggest show to date, entitled 'Dismaland', at Tropicana in Western-super-Mare, Somerset PA 14/62 Builders remove a sheet of wood covering a Banksy artwork moments after being told to take it down from the building opposite the French embassy Getty Images 15/62 16/62 Banksy's Barcode Leopard Rex Features 17/62 A migrant looks at the work by Banksy in the Calais migrant 'jungle' Banksy 18/62 A blanket covers a mural by elusive street artist Banksy of Apple co-founder Steve Jobs, in a migrant camp on the outskirts of Calais. The piece has gained such popularity that people are being charged for the blanket to be lifted to that they can view it PA 19/62 An employee holds Banksy's 'Girl and Balloon' which was painted on an Ikea frame at Bonhams auctioneers on March 23, 2012 in London Getty Images 20/62 Dismal, and not how he meant it: Banksy's Dismaland PA 21/62 Banksy, Brick Lane Rex Features 22/62 Banksy - Love is in the Air street art, Soho, London Rex Features 23/62 A graffiti titled "Art Attack" made by the British, guerrilla, graffiti artist Banksy is seen on Israel's highly controversial West Bank barrier in Ramallah Getty Images 24/62 Sold: This Banksy on the Gaza Strip was bought for just £118 Banksy 25/62 Banksy's provocative take on an iconic image from the Vietnam war Alex Lentati 26/62 A stencil image of a Banksy rat in Haringey, London Jeremy Selwyn 27/62 Children pose for their photo with an installation of British graffiti artist Banksy's art in New York in 2013 Reuters 28/62 Art installation by British artist Banksy, a robot and a barcode, is seen on a wall in the Coney Island area of New York City Reuters 29/62 Mobile Lovers by Banksy on Clement Street, Bristol PA 30/62 Art Buff created by street artist Banksy in Folkestone, KenT PA 31/62 Banksy's Walled Off Hotel in the Israeli occupied West Bank town of Bethlehem Getty Images 32/62 Self-portrait by Banksy PA 33/62 Grafitti by the illusive artist Banksy adorns a building August 28, 2008 in New Orleans, Louisian Getty Images 34/62 Vulture Petrol Head Mural by Banksy at Dungeness Susan Pilcher 35/62 British graffiti artist Banksy's artwork 'No Ball Games' EPA 36/62 Banksy's Bronx Zoo at Yankee Stadium Reuters 37/62 Banksy's Eton Posse PA 38/62 Cardinal Sin by artist Banksy at the Walker Art Gallery, Liverpool PA 39/62 A worker holding Banksy's portrait of Kate Moss (2005) at a press preview for the exhibition Banksy: The Unauthorised Retrospective, curated by Steve Lazarides, at S|2 Gallery in London PA 40/62 A Banksy mural which was painted on the side of one of the classrooms at Bridge Farm Primary in Bristol during half-term PA 41/62 A stencil image of a rat in Haringey, London Jeremy Selwym 42/62 A dancer poses with a new installation of art by British graffiti artist Banksy painted on the front door of the Hustler Club in New York Reuters 43/62 "Flower Girl," a delicate stencil on a massive brick wall by popular street artist Banksy, is displayed in a warehouse in the greater Los Angeles, California AP 44/62 Brexit mural: The artwork on the side of an abandoned arcade in Dover Reuters 45/62 Detail from an installation by artist Banksy, entitled Civilian Drone Strike, on display at the Art the Arms Fair art exhibition 2017 PA 46/62 A man takes a photo of one of two new murals painted by the artist Banksy near the Barbican Centre in London PA 47/62 Banksy's lost 'Snorting Copper' at it's original home on Curtain Road in Shoreditch Gareth Richman 48/62 A woman passes one of two new murals painted by the artist Banksy near the Barbican Centre in London PA 49/62 The painting 'Devolved Parliament' by the graffiti artist Banksy, which is on show at Bristol Museum PA 50/62 A Banksy artwork on a bridge in Hull Banksy 51/62 A man walks past an artwork by street artist Banksy in Paris AFP/Getty Images 52/62 People gather around fences that have been erected to protect the latest piece of artwork by the underground guerrilla artist Banksy Getty Images 53/62 A street stall with oil paintings creating an image of a yacht in the Venice canal with a sign reading "Venice in oil", set up by a person purporting to be British artist Banksy, in Venice Reuters 54/62 A motorboat passes in front of an alleged work of British street artist Banksy 'The shipwrecked child', that appeared on the outer wall of a house overlooking the canal Rio de Ca Foscari in Venice, Italy EPA 55/62 Banksy created Stormzy's Union Jack stab proof vest worn at Glastonbury in July 2019 @banksy 56/62 Banksy hits Notting Hill Bronwen Weatherby 57/62 A shopfront displays a mini exhibition by secretive British artist, Banksy with the sign 'Gross Domestic Product', in Croydon AFP/Getty Images 58/62 Displays in a homeware store, Gross Domestic Product, that is being launched in South London by the graffiti artist Banksy PA 59/62 Banksy turned a rough sleeper's bench into Santa's sleigh in a social commentary on homelessness at Christmas Banksy 60/62 A new work of art on the side of a house on Marsh Lane, Barton Hill, Bristol PA 61/62 A section of the new work he has created during lockdown, in his bathroom. The artist captioned the post "My wife hates it when I work from home Banksy via PA 62/62 Banksy’s Girl With A Pearl Earring modified during Coronavirus @Anth0ny_Ward 1/62 A new artwork painted by Banksy during lockdown, which has gone on display in a hospital corridor PA 2/62 Banksy’s Girl With A Pearl Earring modified during Coronavirus @Anth0ny_Ward 3/62 Stormzy performs on the Pyramid Stage at Glastonbury Festival 2019 wearing a vest designed by Banksy EPA 4/62 Sotheby's employees pose with 'Love is in the Bin' by British artist Banksy during a media preview at Sotheby's auction house Jack Taylor/Getty Images 5/62 Two men are sitting in front of a famous graffiti of British street artist Banksy, painted on a wall of a gas station in the West Bank city of Bethlehem Getty Images 6/62 Banksy's homage to Pulp Fiction in East London Rex Features 7/62 A new Banksy artwork in Birmingham's Jewellery Quarter appears to have been vandalised days after it first appeared. The mural depicts two reindeer painted onto a brick wall appearing to pull along a bench PA 8/62 Sotheby's host the first unauthorized retrospective exhibition of works by Banksy Curated by Steve Lazarides-Banksy's agent in the early years Alex Lentati 9/62 Graffitti art by the 'guerilla' artist Banksy is seen on May 16, 2006 in Chalk Farm, London. The striking large scale spray-painted image entitled 'Sweeping It Under The Carpet' depicts a maid who cleaned the artist's room in a motel in Los Angeles. The piece commissioned by 'The Independent' newspaper edited on Tuesday by U2's frontman Bono, is intended to represent a metaphor for the west's reluctance to tackle issues such as Aids in Africa Getty Images 10/62 Mural: the artwork before it was covered (Photo: PA) PA 11/62 Banky's Les Mis artwork in Knightsbridge Jeremy Selwyn 12/62 A piece of urban art by Banksy discovered on the wall of the Poundland store in Wood Green Nigel Howard 13/62 A woman attacked by seagulls piece by Banksy, during the press view for the artistís biggest show to date, entitled 'Dismaland', at Tropicana in Western-super-Mare, Somerset PA 14/62 Builders remove a sheet of wood covering a Banksy artwork moments after being told to take it down from the building opposite the French embassy Getty Images 15/62 16/62 Banksy's Barcode Leopard Rex Features 17/62 A migrant looks at the work by Banksy in the Calais migrant 'jungle' Banksy 18/62 A blanket covers a mural by elusive street artist Banksy of Apple co-founder Steve Jobs, in a migrant camp on the outskirts of Calais. The piece has gained such popularity that people are being charged for the blanket to be lifted to that they can view it PA 19/62 An employee holds Banksy's 'Girl and Balloon' which was painted on an Ikea frame at Bonhams auctioneers on March 23, 2012 in London Getty Images 20/62 Dismal, and not how he meant it: Banksy's Dismaland PA 21/62 Banksy, Brick Lane Rex Features 22/62 Banksy - Love is in the Air street art, Soho, London Rex Features 23/62 A graffiti titled "Art Attack" made by the British, guerrilla, graffiti artist Banksy is seen on Israel's highly controversial West Bank barrier in Ramallah Getty Images 24/62 Sold: This Banksy on the Gaza Strip was bought for just £118 Banksy 25/62 Banksy's provocative take on an iconic image from the Vietnam war Alex Lentati 26/62 A stencil image of a Banksy rat in Haringey, London Jeremy Selwyn 27/62 Children pose for their photo with an installation of British graffiti artist Banksy's art in New York in 2013 Reuters 28/62 Art installation by British artist Banksy, a robot and a barcode, is seen on a wall in the Coney Island area of New York City Reuters 29/62 Mobile Lovers by Banksy on Clement Street, Bristol PA 30/62 Art Buff created by street artist Banksy in Folkestone, KenT PA 31/62 Banksy's Walled Off Hotel in the Israeli occupied West Bank town of Bethlehem Getty Images 32/62 Self-portrait by Banksy PA 33/62 Grafitti by the illusive artist Banksy adorns a building August 28, 2008 in New Orleans, Louisian Getty Images 34/62 Vulture Petrol Head Mural by Banksy at Dungeness Susan Pilcher 35/62 British graffiti artist Banksy's artwork 'No Ball Games' EPA 36/62 Banksy's Bronx Zoo at Yankee Stadium Reuters 37/62 Banksy's Eton Posse PA 38/62 Cardinal Sin by artist Banksy at the Walker Art Gallery, Liverpool PA 39/62 A worker holding Banksy's portrait of Kate Moss (2005) at a press preview for the exhibition Banksy: The Unauthorised Retrospective, curated by Steve Lazarides, at S|2 Gallery in London PA 40/62 A Banksy mural which was painted on the side of one of the classrooms at Bridge Farm Primary in Bristol during half-term PA 41/62 A stencil image of a rat in Haringey, London Jeremy Selwym 42/62 A dancer poses with a new installation of art by British graffiti artist Banksy painted on the front door of the Hustler Club in New York Reuters 43/62 "Flower Girl," a delicate stencil on a massive brick wall by popular street artist Banksy, is displayed in a warehouse in the greater Los Angeles, California AP 44/62 Brexit mural: The artwork on the side of an abandoned arcade in Dover Reuters 45/62 Detail from an installation by artist Banksy, entitled Civilian Drone Strike, on display at the Art the Arms Fair art exhibition 2017 PA 46/62 A man takes a photo of one of two new murals painted by the artist Banksy near the Barbican Centre in London PA 47/62 Banksy's lost 'Snorting Copper' at it's original home on Curtain Road in Shoreditch Gareth Richman 48/62 A woman passes one of two new murals painted by the artist Banksy near the Barbican Centre in London PA 49/62 The painting 'Devolved Parliament' by the graffiti artist Banksy, which is on show at Bristol Museum PA 50/62 A Banksy artwork on a bridge in Hull Banksy 51/62 A man walks past an artwork by street artist Banksy in Paris AFP/Getty Images 52/62 People gather around fences that have been erected to protect the latest piece of artwork by the underground guerrilla artist Banksy Getty Images 53/62 A street stall with oil paintings creating an image of a yacht in the Venice canal with a sign reading "Venice in oil", set up by a person purporting to be British artist Banksy, in Venice Reuters 54/62 A motorboat passes in front of an alleged work of British street artist Banksy 'The shipwrecked child', that appeared on the outer wall of a house overlooking the canal Rio de Ca Foscari in Venice, Italy EPA 55/62 Banksy created Stormzy's Union Jack stab proof vest worn at Glastonbury in July 2019 @banksy 56/62 Banksy hits Notting Hill Bronwen Weatherby 57/62 A shopfront displays a mini exhibition by secretive British artist, Banksy with the sign 'Gross Domestic Product', in Croydon AFP/Getty Images 58/62 Displays in a homeware store, Gross Domestic Product, that is being launched in South London by the graffiti artist Banksy PA 59/62 Banksy turned a rough sleeper's bench into Santa's sleigh in a social commentary on homelessness at Christmas Banksy 60/62 A new work of art on the side of a house on Marsh Lane, Barton Hill, Bristol PA 61/62 A section of the new work he has created during lockdown, in his bathroom. The artist captioned the post "My wife hates it when I work from home Banksy via PA 62/62 Banksy’s Girl With A Pearl Earring modified during Coronavirus @Anth0ny_Ward

A grave stone can also be seen in the exhibition featuring computer-style text which reads: "You have now reached your destination."

And cushions on a sofa inside the installation say: "Life's too short to take advice from a cushion."