Books on Beechwood was slated to be the fourth independent bookstore in Ottawa to close at the end of the year before a new buyer came forward. (Google Street View)

A popular New Edinburgh bookstore will not be closing in January as expected, after the owner says a new buyer came forward.

Books on Beechwood owner Jean Barton had planned to sell everything — even the store's shelves — and retire. After 18 years in business, and the devastating fire in 2011 on the Beechwood shopping strip, Barton says it was time for her to move on.

But she said a long-time customer has stepped forward with an offer to buy the shop.

"They started negotiating with the landlord and they are going to take over in the end of January and I get to retire and everybody's happy. Everybody is winning in this one," said Barton.

Barton said she can't say who's taking over the store but said the new owner is planning an announcement after Christmas.

The store's five part-time employees will stay on, she said.

Two other independent bookstores, Mother Tongue Books on Bank Street and Nicholas Hoare in the ByWard Market, both closed earlier this year. A third store, Collected Works on Wellington Street, had announced earlier this month they would shut down if they couldn't find a buyer by Dec. 24.