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Independent Book Retailers In Whitby North Yorkshire

Whitby North Yorkshire
Bookshop Whitby, North Yorkshire T/O: £320,000 GP: 32% Established 90 years 3-bed s/c owners' accom 1 x bed s/c flat Centre of shopping area
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 72721
ADVERT IMPRESSIONS : 8,559 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Book Shops
SALE: Agent Sale

FREEHOLD:

£495000
 

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BUSINESS DETAILS:

Location
Holmans Bookshop occupies substantial Grade II listed premises in the heart of Whitby town centre. The bookshop is surrounded by a variety of complementary shops and businesses and benefits from a high footfall with much passing trade. Being within the main shopping area, the business boasts easy access to all the town's amenities, including the railway station, which is just a short walk away. Whitby is a historic port and a popular tourist destination, situated on the North Yorkshire coast. The town is famous for its ruined abbey on the top of the east cliff, reputedly the last resting place of Count Dracula, as well as being where Captain James Cook learned seamanship. Whitby was once a busy whaling port and is the home of Whitby jet, the fossilised remains of the monkey-puzzle tree, which has been used since the Bronze Age to make jewellery. Whitby is home to a popular marina and the area is well-known for the wealth of fossils in the cliffs. Whitby lies approximately 18 miles north of Scarborough, 30 miles from Middlesbrough and 40 miles from York.

Business History
Preferred Commercial is delighted to offer for sale this independent book retailers, which was established in 1923 and which has been in our clients' careful hands since 2004. The business is only now being placed on the market due to our client's wish for a change of career. Holmans Bookshop offers a wide range of books, magazines, newspapers, stationery, gifts and greeting cards and generates a turnover in the region of £320,000 with a gross profit of 32%. The bookshop is well known and well respected in the local area. The business boasts a quality web-site, which we feel could be further developed to offer on-line shopping. The property is well fitted to suit the trade with spacious retail areas, 3 bedroom owners' accommodation and a self-contained 1 bedroom flat, which is currently let for £380 per month. A new owner could increase trade by applying to provide Lottery facilities, offering newspaper deliveries to the local area and perhaps opening on Sundays to take advantage of the tourist trade. We feel this is an ideal opportunity to acquire a popular bookshop in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £320,000 approx.
GP: 32%

Opening Hours
Mon - Sat: 7.00am - 5.00pm
Sun: Closed

Accommodation Details
Substantial Grade II listed retail property with 3 bedroom owners' accommodation and self-contained 1 bedroom flat. Situated on a popular shopping street in the heart of Whitby. Briefly comprising:

Ground Floor Ground Level
• Open-plan sales area fitted to suit trade with racking and shelving for newspapers and magazines, confectionery display, single drinks chiller, pen display, stationery display, jigsaw display, retail counter with electronic cash register

Ground Floor Upper Level
• Book sales area fitted to suit trade with centre aisle book display shelving, shelving to walls, retail counter with electronic cash register

Ground Floor Lower Level
• Greetings card and gift wrap area with multiple card displays and display shelving to walls

Basement
• 2 x store rooms with small kitchenette area and WC

First & Second Floors
1 bedroom flat comprising:
• Large bathroom
• Kitchen with a range of fitted wall and base units
• Double bedroom

Owners' accommodation comprising:
• 2 x double bedrooms
• Single bedroom
• Bathroom
• Kitchen with a range of fitted wall and base units
• Lounge with windows to the street

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2984 / RightBiz
   
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