Selling a Business

Business Services

You can trust our lawyers to provide an efficient legal service supporting you on the road to success

Services

We act for a great number of clients wishing to sell their business, so whether it is preparing for retirement, or the need for pastures new, we can help you move forward.

In a normal transaction we would expect to do the following:-

Obtain copy title documents and ancillary papers to enable us to prepare the draft contract and supporting documents, known as disclosure.

We will draft the contract and supporting documents to effect the transfer.

We will deal with enquiries raised on behalf of the buyer.

We will deal with the Landlord to obtain consent to assign of the lease.

We will prepare for completing your matter on the agreed completion date including reporting to you with our accounts and drawing down funds if applicable.

Following completion we will check that the buyer has completed registration of any ownership or lease of the property at the Land Registry.

Business Services

More information

How much will it cost me?

How much it will cost you will depend on the business. Email or call us for a detailed estimate. You will need to tell us a bit about the business (value, industry, employees, and assets). We aim to provide you with a detailed estimate within 1 working day of you emailing us. Please bear in mind that selling a business will require advice from an accountant. We therefore recommend you take early advice from an accountant at the same time as choosing your lawyer.

How long will it take?

Again, this depends on the circumstances, but we find that the majority of transactions complete within 6-8 weeks, sometimes a little longer, sometimes a little sooner. We will work closely with you to ensure that timescales fit to your needs.

More information

How much will it cost me?

How much it will cost you will depend on the business. Email or call us for a detailed estimate. You will need to tell us a bit about the business (value, industry, employees, and assets). We aim to provide you with a detailed estimate within 1 working day of you emailing us. Please bear in mind that selling a business will require advice from an accountant. We therefore recommend you take early advice from an accountant at the same time as choosing your lawyer.

How long will it take?

Again, this depends on the circumstances, but we find that the majority of transactions complete within 6-8 weeks, sometimes a little longer, sometimes a little sooner. We will work closely with you to ensure that timescales fit to your needs.

Department Contact

John
Wilkin

Solicitor & Partner

Client Testimonials

I used Borlase after being advised to call them regarding a property misrepresentation claim. Allanagh Hocking guided us expertly. Read more..

Carl

Litigation Client

“I recently sold and bought a house. Sophie Smith was great — very professional and nothing was too much trouble. I would recommend Borlase.”

Estelle

Conveyancing Client

“This review is well deserved — I’ve used many firms, some good, some poor. Hayley Cornish at Borlase responded quickly, sorted issues, was. Read more..

Ryan

Conveyancing Client

I was initially unsure about working with Neil, simply because I couldn’t find him listed on the Borlase website. Once it was confirmed he was Read more..

Phillis Bawden

Wills, Trusts and Probate Client

Neil was an absolute pleasure to deal with from start to finish. He is incredibly friendly and approachable and immediately puts you Read more..

Business Services

Services