News
SSG to sell four shops
21.04.08 Graeme Neill
Beleaguered Christian bookseller St Stephen the Great is to sell four of its stores in an auction next month. Freeholds for the Bradford, Canterbury, Exeter and York shops will be auctioned off by real estate company Colliers Cre on 13th May.
Colliers did not give guide prices for the shops. According to the most recent accounts from Christian publisher SPCK, which transferred ownership of the chain to St Stephen the Great in October 2006, the freeholds on the stores formerly owned by SPCK were worth £1.67m.
SSG operates 20 branches within Great Britain. It rents six freeholds from SPCK for a nominal sum. Since brothers Mark and Phil Brewer took control of the business, a number of staff have resigned from the company, and several branches have closed.
See Also
Related
- SSG to face staff tribunal
- 'Nothing to liquidate' at St Stephen the Great
- Brewer defends SSG liquidation
- US judge dismisses SSG bankruptcy
- St Stephen the Great files for bankruptcy
Book news from the BBC
- Regulators eye Google book deal
- Top police officer's book blocked
- Self help Victorian style
- 'Why I created Islamic super heroes'
- US judge bans 'Rye' book sequel
Latest Comments
- It does look remarkably like the Cooler. However, that's not surprising...
- The real ones keep their thoughts to themselves.
- Are they really good sellers? I remember a financial year or two ago when...
- Cleis Press publishes quality erotica -- literate, smart, hot, and strong...
- Library Links are an opportunity to put facilities into places where a full...
RSS
Subscriber Content