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Tuesday 26th of Sep 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£52,000

Rochester Book Shop Premium Advert

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Reference5731 / RightBiz
Status
FOR SALE
Advert ID196733
LocationRochester, Kent
SectorBook Shops
Leasehold Price£52,000
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Date Ad Submitted
    Established Since 1997

    Weekly Turnover £700 - £900

    Gross Profit TBA

    Retirement Sale

    New Lease Offered

    EPC - TBC

Description:
REF 5731 – Leasehold Book Shop


Blacks Business Brokers are proud to bring to the market this leasehold book shop located in the much sought-after area of Rochester, Kent.



INTRODUCTION

City Books has been trading on High Street since 1997, with our client in ownership since set up. This long-standing business has firmly established itself within this community area and has gained a large customer base with a superb reputation.




LOCATION

Rochester is a town and historic city in Kent. It lies 30 miles from London and the area is well linked by the M20 and M2, also offering great public transport links. High Street is a busy main road in an area of Rochester which is a very popular tourist destination due to its castle and links to Charles Dickens. This excellent trading position offers a superb base of local customers and many passers-by.




REASON FOR SALE

City Books is only being offered for sale due to retirement




LEASE

The building is available on a competitive rent. This is the most common form of commercial property lease. The current lease is a rolling lease, that runs at a cost of £15,600 per annum.




BUILDING LAYOUT AND DESIGN

City Books is housed within a traditional, older style retail unit with traditional shop front with goods displayed outside. The business occupies the ground floor and basement of premises. Inside, the walls are fitted with floor to ceiling book cases and further freestanding book displays stand on the shop floor. There is a stairway at the rear of the shop, leading down to basement which is similarly fitted out.

City Books stocks a huge quantity of stock on both floors. On the ground floor is a small staff room with toilet and a small kitchen area. To the rear of the space are double doors leading on to a garden with patio.

Free unrestricted car parking is available at end of High Street with further pay & display car parks nearby.




STAFF

City Books is currently operating with our client only in full time employment.




FINANCIAL DETAILS

Financial details are available upon a viewing of the business and City Books has traded solidly over its trading history. The business generates weekly takings of £900 and there are no rates payable. Many customers are from the local area as one would expect, with additional trade from passers-by and visitors to the area.




SUMMARY

This leasehold business brings consistent weekly takings and has been part of this community for many years. There is scope for expansion into online sales, a website would be of benefit along with a social media presence and partnerships with online businesses such as e-Bay and Amazon. This proposition would ideally suit an owner operator with a passion for books and literacy who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are very strongly advised.

Opening Hours:
Mon - Sun - 9.30am - 5.30pm
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The data showed regarding this advert 'Rochester Book Shop - 5731 / RightBiz' comprises as a business advertisement. RightBiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall RightBiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.