Selling your business is a major milestone. Our specialist solicitors focus on the critical property aspects of your sale, from managing the commercial lease assignment to transferring the property deeds, ensuring a smooth, secure, and profitable exit.
We manage the complex interplay between the business sale and the property transaction to ensure a seamless process that protects your interests and achieves your commercial goals.
We help you prepare for the sale by compiling all necessary property documents and preparing comprehensive responses to the buyer's enquiries.
We manage the critical process of assigning your commercial lease to the buyer, including negotiating the Landlord's consent and limiting your future liability.
We draft and negotiate a robust Sale and Purchase Agreement (SPA), ensuring the warranties you provide are fair and your interests are protected.
We manage the completion of the sale, ensuring the smooth transfer of funds, property, and the business's goodwill.
Selling your business is the culmination of your hard work. Our role is to ensure the legal process is smooth and that the deal you sign truly reflects the value you have built.
We are skilled negotiators, focused on drafting warranties and indemnities that are fair and limit your post-sale liabilities, giving you a clean exit.
For most businesses, the property is the most valuable asset. Our deep expertise in commercial property law ensures this critical component is handled flawlessly.
We manage all aspects of the sale in-house, from the business contract to the property transfer and any TUPE considerations for your employees.
An asset sale involves selling specific business assets (like property, equipment, stock, and goodwill), and you retain the original company. A share sale involves selling the entire company itself, including its liabilities. We can provide strategic advice on which structure is more tax-efficient and suitable for your exit.
You will need to provide comprehensive information for the buyer to review. This includes financial accounts, employee contracts, supplier agreements, and full details of the commercial property, including the lease, titles, and any planning documents. We help you compile this information from the start.
Warranties are contractual promises you make to the buyer about the state of the business. If they later turn out to be untrue, the buyer could bring a claim against you. We negotiate these robustly to ensure they are fair and limit your future liability.
This is a critical step called a lease assignment. It requires the landlord's formal consent. We manage the entire application process, negotiate with the landlord's solicitors, and prepare all the necessary legal documentation to ensure a valid transfer.
An AGA is a document most landlords require from an outgoing tenant. It makes you a guarantor for the incoming tenant, so if they default on the rent, the landlord could pursue you. We work to negotiate the terms of the AGA to minimise your risk.
If you own the freehold, the sale will be a standard commercial property transaction running alongside the business sale. We handle the conveyancing to ensure the legal title is transferred correctly to the buyer upon completion.
Selling your business is a major achievement. Protect your legacy and maximise your return with specialist legal advice from our expert team.
Request a Callback Today0330 333 8797
info@wildings-solicitors.co.uk
862-864 Washwood Heath Rd, Ward End, Birmingham, B8 2NG
Monday to Friday
9.00am - 5.00pm
Wildings Solicitors are authorised and regulated by the Solicitors Regulation Authority (no. 552128). Wildings Solicitors is a trading name of Wildings Solicitors LLP, a limited liability partnership registered in England and Wales. Registration Number OC360274 registered office 862-864 Washwood Heath Road, Ward End, Birmingham, B8 2NG. A list of Directors is available from the registered offices. We do not accept service by email.
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