Licensed Trade Premises
Buying or selling a licensed Trade property is
in general not just about a building but about a business too. Matters
such as leases, freehold, employees, tie to a brewery, supply agreement
require specialist legal attention, in which KBL is highly experienced.
In acting for a buyer, the solicitor that has been instructed will
check the lease agreement, accounts, and check that it is a viable
business, check licensing, deal with employee issues and check that it
is in fact a viable business.
In acting for the seller, our solicitor will assemble all the
information about the business, including the value of good will, to
present the business as a whole to facilitate a smooth handover.