BSR
BSR
  • Home
  • Distressed Businesses
    • All Distressed Businessess
    • Administrations
    • Liquidations
    • Winding Up
    • Insolvency Advice  New
  • Buy a Business
    • All Businesses for Sale
    • Find a Business for Sale
    • Raising Business Finance
    • Buyer Acquisition Service   New
    • Escrow Service   New
  • Sell a Business
    • Sell Your Business
    • Seller Accounts
    • Need Help Selling?
    • Help With Finance New
    • Business Valuation
    • Business Wanted Adverts
  • Insights & News
    • View All News
    • View All Insights
  • Off-market
    • Source deals
  • Log In
  • Join Now
Join now
11111111

Home / News / The Book People assets to be sold at auction

The Book People assets to be sold at auction

Wed, 17 Mar 2021 | BUSINESS NEWS

The Book People assets to be sold at auction

The remaining assets of independent book retailer The Book People are set to be sold at auction, including the firm's former warehouse headquarters and its contents.

The company's former Gwynedd base and the remaining contents are to be auctioned off by surveying firm Walker Singleton, who have stressed that the assets would be of benefit to growing businesses within the e-commerce and fulfilment sector.

The Book People, which sold books, gifts, toys and stationary online and via a catalogue, fell into administration just one week before Christmas in December 2019. Before calling in administrators, the firm boasted an annual turnover of over £50 million and sold more than 17 million children's books per year.

Throughout 2020, administrators PricewaterhouseCooper (PwC) attempted to find a buyer for the literary retailer, but failed to capitalise on any interest. Subsequently, the business was wound down and its assets are now ready to be sold.

Commenting on the assets for sale, Daniel Hey, Director at Walker Singleton, stressed that they could be of significant benefit to any companies that have successfully adapted to the challenge that have hit retailers in the past 12 months.

"The principal equipment we are bringing to market is universal to most packing and fulfilment processes and as such will allow investment by those businesses who require new or additional processing capacity," he said.

"Alongside the primary assets, there are several hundreds of support assets ranging from a mobile library fleet, handling and warehouse plant to office furniture and over 200,000 flat pack cardboard boxes.”

The auction is due to take place online and will close on 25th March


Find businesses for sale here.

If you are looking for an exit, we can help!


Share this article



Latest Businesses for Sale

Leading Pet & Aquatic Retailer
Ickenham, South of England, UK

Established for approximately 6 years – this company has grown to become one of the leading pet and aquatic retail businesses in the area. It has a predominantly domestic customer base – the vast majority of its sales are to the domestic market.

Asking Price: £62,000
Turnover: £750,000

LEASEHOLD


E-commerce Supplier of Coffee Products
UK Wide

The company produces and supplies a wide range of coffee products created using ethically sourced beans from South America. The core products comprise wholebeans, grounds, single-origin roasts, blends, cold brews and compostable pods.

Asking Price: £300,000
Turnover: £200,000

LEASEHOLD


Luxury Vehicles Retailer Utilising a Showroom-free Business Model
UK Wide

The company offers an extensive range of luxury cars, including vehicles from prestigious manufacturers such as Aston Martin, Ferrari, Lamborghini and Rolls Royce. The business operates with a unique showroom-free approach, utilising a dedicated onli...

Asking Price: Offers Invited
Turnover: £97,000,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
07
 
Feb
 

Marine engineering firm to target M&A after revenue grows 21.5 per cent | BUSINESS NEWS

Marine engineering and warehousing business Shepherd Offshor...

 
07
 
Feb
 

Administrators exploring accelerated sale of telecoms contractor | ADMINISTRATION

Administrators from RSM UK Restructuring Advisory LLP are se...

 
06
 
Feb
 

M&Co brand bought out of administration, but 170 stores still to close | ADMINISTRATION

Scottish clothes retailer, M&Co has been bought out of admin...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
18
 
Dec
 

The Book People goes into administration | ADMINISTRATION

Online and pop-up book retailer The Book People has gone int...

 
17
 
Apr
 

Successful property auction signals high demand | COMMERCIAL PROPERTY

A property auction in Huddersfield has received a 100 per ce...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news

logo
Our Services Distressed Businesses
  • Businesses for Sale
  • Distressed Companies
  • List a Business
  • Help with Finance
  • Buyer Acquisition Service
  • Small Businesses for Sale
Company Buy a Business
  • About BSR
  • Pricing
  • Insights
  • News
  • FAQs
  • Reviews
Get In Touch
020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm
About BSR
Business Sale Report is the UK's leading
independent business for sale & distressed business listing service.
Established in 1995, BSR offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.
Subscribe

Subscribe to our newsletter to receive news about the latest businesses for sale.

  • Terms
  • Privacy
  • linkedin
  • facebook
  • twitter
© 1995-2023. Business Sale Report Ltd. All rights reserved. www.business-sale.com.