Book Shop Retail Schools & College Supply Business For Sale

Business description

Advent Business Sales have been instructed to offer for sale this extremely well established and niche business.

Established in 1994 by the current vendor it is now regrettably offered for sale due to the spouse’s ill health.

The business operates on a two fold approach, firstly as a wholesale school book supplier and backed up by a thriving and quaint retail book store.

Our client supplies a multitude of educational establishments in the North Leicestershire area.

Our client has a built a formidable reputation based on service and reliability,

The retail premises is set over 2 trading floors, stocking an extensive range of products to include:
- Books – educational, fiction, reference, early learning
- Art materials
- Greeting cards
- Stationery
- Music sheets
- Tutorials & albums
- CD (classical & easy listening)
The business has a loyal customer base from the local area. The current vendor has looked into several websites which will be available upon purchase.

The premises has been designed and fitted out by a premier bookshop and library fitter enabling an excellent ambience which adds to the business.
REF: 8852LE

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 20 years
Remaining lease: 6 years
Review every: 5 years
Rent: £10,700

We are advised that the annual business rates are currently: £2,600

Living accommodation:

A well presented and fully equipped premises set within a shopping complex with the added security of CCTV, alarm and air conditioning, consisting of the following: Ground Floor & First Floor - Doorway leading to main shop area - 2 floors of retail space, fully coherent to the products and services sold - w/c to rear Second Floor - office - stock room External - Storage room to the rear

Location:

Our client is ideally located in an attractive courtyard style shopping centre, 5 miles north of Leicester city centre.

Surrounding businesses within the area include a number of small independent retailers, a major supermarket and a major home and DIY store.

There are a numerous pay and display parking around the area.

This North Leicester village is located close to the busy A46 with connect Leicester to Nottingham

Other information

Expansion potential:

There is genuine scope to expand with supplying more educational establishments.

The business would be ideal for a retired or semi retired professional with interest in this field.

Trading hours:

Mon-Sat: 9.00am – 5.00pm

Financing available:

Please let us know if you require finance for the purchase of a business.

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