Buying or Selling a Business (with both freehold and leasehold premises)

If you wish to purchase business premises only please see Purchase / Sale of Commercial Property.

If you are purchasing an entire business (this is called a TOGC or Transfer of a Going Concern) then you are usually purchasing three things; the premises, the goodwill of the business and the fixtures and fittings.

Whether you are purchasing a professional firm, a pub, a restaurant or a chip-shop, this transaction can be a complicated one.

We offer a service in which we handle the whole transaction with you from start to finish.

We have two sets of fixed-fees, one involving freehold premises and one involving leasehold premises.

Freehold		Leasehold
Value of business Fixed Fee £0 - £25,00 £800 £25,000 - £50,000 £1500 £50,000 - £100,000 £2000 £100,000 and above By negotiation		Value of business Fixed Fee £0 - £25,00 £1000 £25,000 - £50,000 £1750 £50,000 - £100,000 £2300 £100,000 and above By negotiation

* All prices exclusive of VAT
(plus cost of searches if you are buying / stamp duty if you are selling and the property is freehold)

In some business sales or purchases, employment matters may arise. If this is the case we can provide a quotation for our employment law services.

For more information involving TOGC’s generally, please click here.

If you are interested in using our services for TOGCs , please call us on 0207 936 1967 (London Fleet Street Office) , 0121 5350012 (Birmingham Office), 0808 155 4870 (Salford Office) or 0161 615 5562 (Manchester Office) and ask to speak with one of our commercial property solicitors.