- Lease Checking Service
- Lease Drafting Service
- Property Searches and Advice
- Negotiation of a new Lease for a Tenant
- Buying or Selling a Business with Freehold or Leasehold Premises
- Assignments of a Lease to a New Tenant
- Purchase or Sale of a Commercial Property
- Employment Contracts
- Shareholders' Agreements
- Business Disputes
- Terms and Conditions for Your Customers
- Negotiating New Leases
- Renewing Leases, Ending Commercial Leases
- Leases - Assigning, Subletting, Alienation
- Commercial Leases - Rent Reviews and Break Clauses
- Sale and Purchase of Businesses
- Non-Payment of Rent - Distraint, Forfeiture, and Bailiffs
- Use Classes, Permitted Uses in Leases, Local Authorities
- Collateral Warranties
- Commercial Leases for Retail Premises
- Leases on Offices and other Commercial Properties
- Restructuring of Property Debt and Revaluing
Buying or Selling a Business with Freehold or 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
| Value of business (excluding premises) |
Fixed Fee (Sale) (plus the fixed fee for the sale of the premises - click here) |
Fixed Fee (Purchase) (plus the fixed fee for the purchase of the premises – click here) |
|---|---|---|
| £0 - £24,999 | £350 | £500 |
| £25,000 - £49,999 | £700 | £1000 |
| £50,000 - £99,999 | £1000 | £1500 |
| £100,000 and above | By negotiation |
Leasehold
| Value of business | Fixed Fee (Sale) (including lease assignment) |
Fixed Fee (Purchase) (including lease assignment) |
|---|---|---|
| £0 - £24,999 | £750 | £1000 |
| £25,000 - £49,999 | £1,250 | £1750 |
| £50,000 - £99,999 | £1,750 | £2300 |
| £100,000 and above | By negotiation |
(plus cost of any searches, stamp duty land tax and Land Registry fees if you are buying)
* All prices exclusive of VAT and disbursements, are for a business with single premises and include basic due diligence. Our fixed fees may not apply to certain more complex transactions – please ask us
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 business sales generally, please click here.
If you are interested in using our services for a business sale or purchase , 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.