Sale & Purchase of Businesses
We regularly deal with the Sales and Purchases of:
- Restaurants
- Public Houses and other licensed premises
- Hotels
- Off Licences
- Post Offices
- Motor Trades
- Leisure
- Retail
- Health & beauty
- Industrial premises
- Plant Hire
Most business ventures involve property in some form, be it a freehold property or leasehold premises from which the business is conducted. The premises can often be the major asset of a business, or merely the place from which profitable trading takes place.
The terms of a sale or purchase of a business must be clearly defined in the agreement for sale which will normally include warranties by the present owner or restrictions on their future right to compete with the buyer.
It is essential that all property assets and potential issues with regard to Employees, VAT, Stamp Duty Land Tax and property liability issues such as asbestos, Fire Safety and Disability Discrimination are fully considered before agreements can be exchanged.
These matters require full attention by your professional team so that as a seller or buyer you are aware of your potential future liabilities and obligations which may not be apparent from the nature of the actual business being transferred. Only with full knowledge can you make an informed decision on the proposed transaction.
We take a practical and commercial approach aimed at helping you to complete your deals promptly on a value for money basis.
Contact Us:
Email: Mike Daly
Email: Denis Stevenson
