SHOP1/4 Moseley StreetGlenelg SA 5045
Property Details for Shop1/4 Moseley St, Glenelg
Last Listing description (February 2014)
GLENELG BOOK EXCHANGE - Established 1980 - WALK-IN/WALK OUT - Well stocked, Furniture and Fittings included in sale price
Glenelg Book Exchange (est. February 1980) is a unique business where customers can buy outright, or exchange books bought from the store (or other outlets) for credit toward the purchase of others.
It will suit an owner/operator with the option of employing a casual for weekends and holidays during the warmer months (October to April).
All stock is obtained by way of a 'trade-in/credit' system hence the business title 'Book Exchange'. Unless offered an opportunity 'too good to refuse' it is not necessary to pay cash for stock - 'ever'.
WE OFFER
An extensive range of secondhand books (thousands of them) covering most genres - war, general fiction, romance, crime, true crime, hobbies and craft, Australiana, biographies, gardening, cooking, health, self help/new age, classics, travel, poetry, plays/drama, sport, history, royalty, children's/young adult, reference etc. - as well as magazines, comics, jigsaw puzzles etc. in-store and on-line.
Glenelg, regarded as 'the premier beachside suburb' of South Australia, comprises more than 300 small businesses along a 700 metre roadway and side streets.
It is an area designated a 'Tourist Precinct' and therefore not subject to many of the stringent 'open hours' conditions that apply to the city and major suburban shopping complexes.
This store can operate every day of the year - the hours are up to you.
ADDITIONAL INFORMATION:
Years established: 32
Internet On-line ID: Registered Internet Domain name and a Directory Listing -both are available for transfer.
Stock included: Yes (approx.$54,000 based on Average Cost Value using the Periodic Inventory System)
Number of employees: Currently owner operated
Floor Area: 135m2
Trading Hours:
Monday to Saturday 9.00am to 4.30pm
Sunday 10.30am to 4.30pm
Public Holidays 11.00am to 4.30pm
Lease: 3yr + 5yr (comm.1 July 2012)- landlord very flexible if longer lease is required.
GST: It is expected the transfer of the business will comply with the GST Going Concern exemption conditions as outlined in the relevant GST legislation. The asking price therefore does not include GST.
Property History for Shop1/4 Moseley St, Glenelg, SA 5045
- 01 Mar 2013Listed for Sale 70000
- 13 Sep 2012Listed for Sale 70000
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About Glenelg 5045
The size of Glenelg is approximately 1.0 square kilometres. There are 5 parks, covering nearly 6.3% of the total area. The population of Glenelg in 2016 was 3349 people. By 2021 the population was 3440 showing a population growth of 2.7% in the area during that time. The predominant age group in Glenelg is 70-79 years. Households in Glenelg are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenelg work in a professional occupation.In 2021, 51.40% of the homes in Glenelg were owner-occupied compared with 49.30% in 2016.
Glenelg has 3,520 properties. Over the last 5 years, Houses in Glenelg have seen a 61.69% increase in median value, while Units have seen a 69.50% increase. As at 31 July 2026:
- The median value for Houses in Glenelg is $1,953,410 while the median value for Units is $811,589.
- Houses have a median rent of $800 while Units have a median rent of $600.
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