Turning the page: Offers coming in for iconic City Lights Book Shop
City Lights Book Shop is a holdout in the advancement of time -- but now its owners are ready for change.
'Bookended’ on a block of Richmond Street between York and King streets, the store has been a staple for almost five decades.
It has survived with no online sales presence, just the pencil mark price tags placed on items by its two owners.
But now, Jim Capel and Teresa Tarasewicz say it’s time for them to step away from City Lights.
They’ve listed the building for sale and confirm to CTV News London it can be purchased with or without the business.
The business partners, known simply as 'Teresa and Jim' to customers, bought the store from Canada’s vocal 'Prince of Pot' Marc Emery in 1992.
While Emery went on to make national headlines, and most recently a failed bid to be elected as a candidate for the PPC, his successors say they took a “toned down” approach at City Lights.
Tarasewicz says they choose to let the store become the personality.
Current owners, Teresa Tarasewicz, left, and Jim Capel stand outside City Lights Book Shop in London, Ont. on Tuesday, Sept. 21, 2021. (Sean Irvine / CTV News)
“It is whimsical, magical. Everyone comments on it who has worked here. The place has it’s own life, and it’s just really cool being a part of that.”
Long-time customer Joel Adams agrees. Known for his involvement in all things downtown, Adams says his love for the core began at City Lights, during the vibrant late 80s and early 90s.
“Back in the days of Novack’s, Kingsmills, arcades -- there were the old established stores and the newer ones. It was all really eclectic, but this (City Lights) was the most eclectic in all of downtown.”
Adams says the endless shelves inside the heritage structure display the reasons why.
“There’s always something strange or interesting. You’ll find and discover things you wouldn’t find at any other bookstore.”
Long-time City Lights Book Shop customer Joel Adams is seen inside the store in London, Ont. on Tuesday, Sept. 21, 2021. (Sean Irvine / CTV News)
It is that uniqueness Capel hopes will encourage a new buyer of both the building and the business.
He says interest and offers have already come in for both.
It makes sense, Capel says, because City Lights remains profitable. And while it may not bring in the returns it did 25 years ago, he’s convinced modern social media and marketing -- the partners say they do not have the energy for -- would boost returns.
“Our great hope is that City Lights will go on and continue with someone else at the helm. 'Cause that’s where a lot of the magic happens is right in here.”
Only time will tell if the ‘spell’ of City Lights Book Shop attracts a buyer, but Adams certainly hopes it does.
“It would be great to see one of the oldest and most unique businesses survive past this."
CTVNews.ca Top Stories
Prince William says wife Kate is 'doing well'
Prince William said on Friday his wife Kate was 'doing well' in a rare public comment about the Princess of Wales as she undergoes preventative chemotherapy for cancer.
BREAKING Canadian Blood Services apologizes to LGBTQ2S+ community for discriminatory blood donation policy
Canadian Blood Services issued an apology on Friday to the LGBTQ2S+ community for what it now admits was a harmful and discriminatory blood donation policy that prevented sexually active men who have sex with men and some trans people from donating blood and plasma.
BREAKING Toronto mayor hints that WNBA team is coming to the city, marking the first franchise in Canada
Toronto Mayor Olivia Chow says that she is hopeful an announcement could be made soon amid multiple reports that a WNBA team is coming to Toronto in 2026.
Magnitude 4.2 earthquake reported off Vancouver Island's west coast
A 4.2-magnitude earthquake was recorded west of Vancouver Island early Friday morning.
Ontario coroner to investigate death of man who suffered cardiac arrest while waiting in ER
A provincial coroner will be investigating the death of 68-year-old David Lippert, who suffered a cardiac arrest while waiting in a crowded emergency room in Kitchener, Ont.
'Irate male' assaulted Newfoundland officers with block of cheese, police say
Police in Newfoundland say patrol officers were assaulted Thursday by a "very irate male" wielding a block of cheese.
Average hourly wage in Canada now $34.95: StatCan
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
This iconic Canadian song is turning 50
Andy Kim's 'Rock Me Gently' is marking a major milestone, as it celebrates its 50th anniversary.
From outer space? Sask. farmers baffled after discovering strange wreckage in field
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.