Buying and Selling a Business
A wide range of company and commercial services are available, including the
sale and purchase of business premises, acquisition of going concerns and
partnership agreements.
NRBS has accepted instructions from business clients for many years and we
have extensive experience helping clients to build and protect the
relationships that make the foundations of good businesses.
We have acted for a variety of property developers, private investors,
licensees and financial institutions in connection with a wide variety
of Company and Commercial matters, including:-
Sale and purchase of business premises, including offices, shops,
warehouses, garages, hotels, restaurants, public houses and so on.
Sale and purchase of businesses as going concerns. This may involve
granting to a tenant or taking from a landlord a lease of commercial premises
and assistance in the complex procedures concerning rent reviews, insurance,
existing employees, maintenance, dilapidations and the many other obligations
mainly taken on by a tenant of business premises.
Securing of commercial loans over property, by way of the preparation
and registration of appropriate security documentation between lender and
borrower. Unlike domestic property transactions, in most commercial
security transactions the lender and borrower require to be represented
by different firms of solicitors. The borrower is responsible for the
lender’s solicitor’s fees as well as their own.
Business start-ups.
Partnership Agreements, including the preparation of all relevant
documentation to set up the business including Contracts of Partnership
(or related company formation work)
Hotel and leisure industry purchases, sales and restructuring.
The complicated legal provisions with regard to the renewal of
business leases. Of particular importance from a tenant’s point of view
to ensure security of tenure and therefore, continuity of business and
goodwill.
Dealing with the legal responsibilities as regards the staff
or employees of such businesses, including employment contracts and
employment-related disputes.
Rural properties, including the purchase and sale of large
and small Estates, Farms and Crofts.
Residential Leases and Service Contracts.
We understand how to get the best out of business relationships, minimising
problems and maximising profit for clients of the firm.
An understanding of the commercial realities and objectives of our
clients is of paramount importance to us. We tailor our service
according to the individual needs of our clients, our aim being to
deliver a pro-active and cost-effective service of the highest quality.
So, whatever your property or business interests, we are keen to work with
you to gain a full understanding of your priorities, so that we can promote
and add value to your business activities.