Book Shops for sale in Manchester

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Long Established Book Shop - Manchester

Manchester, Greater Manchester, England

  • Leasehold Price: £39,995
  • Annual Turnover: £91,000
  • Annual Gross Profit: £36,400
Seller Reference: 6847
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Business Description
 
 
 
 
 
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Seller Reference: 6847
Request Details
Business Description
Prominent Industrial Trading Position
Annual Turnover £91,000
Gross Profit £36,400
Further Financial Info Available After Viewing
Established 1984
Retirement Sale
Large Repeat Customer Base
Enviable Reputation
Free Parking
Fantastic Online Reviews
New Lease To Be Negotiated
Scope To Expand Product Lines
Potential For Further Marketing
REF 6847 – Leasehold Book Shop

Blacks Brokers are pleased to bring to the market this leasehold book shop located in the much sought after Sharston Industrial Area, Wythenshawe.

INTRODUCTION

Sharston Books has been trading from Wearlee Works since 1984. The business is very well known in this field with a large, repeat customer base and a superb reputation. At present, the website generates around 75% of takings with 25% generated by over the counter sales. Many collectors and enthusiasts purchase books by the metre or yard and these customers are long standing.

LOCATION

The business is positioned well within this commercial area of Wythenshawe and is neighboured by a large housing area and Wythenshawe Hospital. The area is well linked by the M60 with superb public transport links and parking is available immediately outside the unit.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The lease will be fully negotiated with our client upon sale of the business.

BUILDING LAYOUT AND DESIGN

Sharston Books operates from a two storey, industrial unit with signage displayed above the main entrance with matching canopy cover. Inside, the ground floor comprises of a well stocked shop and display area, kitchen and reception. The first floor is currently used for storage and the second floor has an administration office. All areas are well presented with good quality fixtures and fittings in place.

STAFF

The business is currently operating with two full time members of staff and two casual part time members of staff in employment supporting our client working on a full time basis.

FINANCIAL DETAILS

Sharston Books has traded solidly for over three decades and our client has established a strong customer base. We are advised that the business currently has annual turnover of £91,000 with gross profit of £36,400. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This long established book shop has a large base of regular customers and offers a wide range of books to collectors and enthusiasts as well as private buyers. There is plenty of scope to develop the business further with the introduction of new product lines, a strong marketing drive and website revamp with social media presence. A new owner may also look to introduce a delivery service. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Shelving

Till

Office Equipment
Trading hours:
MON - SUN: 09:15 - 17:15
Tenure:
Leasehold
Location Details:
Wythenshawe
Leasehold Term:
To Be Negotiated
Listed by:
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