A Kenilworth bookshop is set to close after its owner admitted the business was no longer commercially viable.
Victoria Mier, owner of the Tree House Bookshop in The Square, said the business rates were simply too high despite a steady stream of customers buying books and attending events the shop hosts.
The rates have gone up and its just not going to be financially viable.Victoria Mier
When asked why she took the decision to close, she said: “I don’t think anything’s happened specifically now - it wasn’t a sudden thing. Lots of people come into the shop and our events are really popular, but the rates have gone up and its just not going to be financially viable.
“I can’t afford to pay myself and I can’t go on with no income.
“We keep thinking of things we can do but it needs a much bigger injection of funds.”
The bookshop has been in Kenilworth for nearly three years, and has been based at its premises in The Square for almost one year.
When asked what the future holds for her, Victoria said: “I don’t know to be really honest, but I think there’s no future for the bookshop.”
In a statement posted on the bookshop’s Facebook page, Victoria said she is hoping someone will take over the lease on the premises, and that everything will be running as normal until someone is found.
She also encouraged people to keep buying books and attending events as she wanted the shop to ‘go out with a bang.’
More to follow.