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Independent Book Retailer City Centre In Liverpool For Sale

Liverpool, Merseyside, UK
Asking Price:
£64,000
Turnover:
Available on request
Net Profit:
Available on request

Occupying a prime location within the courtyard of one of Liverpool's most iconic buildings. Kernaghan Books enjoys a fine history spanning over three decades. Whilst this is a busy trading location, the shop itself has a tranquil atmosphere. Filled with books that range from fine antiquarian to 21st century arts and history there really is something for everyone and it is clear why the shop is a Liverpool institution as well as being in the top 10 "must visits" as voted by the Liverpool Echo and Independent Liverpool. The book shop is for sale due to the owners wish to retire. Good trading figures are evident. All serious enquiries are through the Sole Selling Agents Hart & Co

Property Information

Property:

Leasehold

Lease Terms:

The Business is licence/leasehold with current rent payable of £22,305.72 PAX (inclusive of VAT)

Licence Fee £987.01 plus VAT payable monthly
Service Charge £562 plus VAT payable monthly. Service charge includes heat, water, electricity, rates, Wifi and internal communications.

The owners pay a separate business insurance policy £750 PAX (approximately).

Leasehold Rent:

£22,306 per annum

Location:

Situated in the courtyard of The Bluecoat School and Gallery, the Business occupies a prime location within one of Liverpool's most famous historic buildings. The courtyard enjoys excellent footfall and The Bluecoat has become synonymous with a range of good quality independent businesses which include the gallery, bistro and vibrant coffee shop to name but a few.

Directions
For Google maps L1 3BX

Premises Details:

Also featured within Liverpool Echo's top places to see when visiting the city.

Excellent Google reviews.

Business profile
Listed as a fine and antiquarian bookshop, Kernaghans span three decades of successful trading. The shop itself has a lovely atmosphere and as well as fine and antiquarian books there are also many titles on themes ranging from local history to arts and entertainment in the 19th, 20th and 21st centuries together with collectible magazines, limited editions and modern titles. Strong trading figures are evident and further details can be provided to serious purchasers upon the signing of a Non Disclosure Agreement (NDA).

Accommodation
Occupying one of the ground floor wings of The Bluecoat building, the Business has two large display rooms and the shop benefits from having a large trade counter, feature wall display (book shelves) as well as its own kitchenette and office area. There is also access to the main Bluecoat building with WCs, cafe and stunning gardens which form part of the hub of this interesting arts and business centre within the famous Liverpool landmark building.

Trading figures and accounts
The Business which is owned, managed and run shows a healthy level of turnover and trade. Further details can be provided subject to the signing of a Non Disclosure Agreement (NDA).

Method of sale
Proposed by way of assets as a going concern. The purchase price includes stock (circa £25,000). The owners will give an assisted handover if so required.

Opportunities
There is further scope to increase the e-commerce side of the Business.

Viewing
Viewing is strictly by appointment through the Sole Selling Agents Hart. Under no circumstances must a direct approach be made to our clients concerning any of the details contained herein.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Currently
11am - 4pm Tuesday - Saturday
Longer hours are available Monday - Sunday 10am - 5pm if required.

Years established:
over 30

Other Information

Support & training:

The owners will provide an assisted handover if so required.