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 (excluding premises) Fixed Fee (For the sale/purchase of the premises – click here) £0 - £25,000 £250 £25,000 - £50,000 £500 £50,000 - £100,000 £750 £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 and are for a business with single premises. Our fixed fees may not apply to certain more complex transactions – please ask us
(plus cost of any searches, stamp duty land tax and Land Registry fees if you are buying)

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.