Expert Guidance on Commercial Business Transfers Involving Leasehold Premises
Leasehold Purchase and Sale of Business – Trusted Legal Support for Buying or Selling a Business in the UK
Comprehensive Legal Support from London’s Leading Solicitors
Purchasing or selling a business operating from leasehold premises involves more than a handshake — it’s a legally complex transaction that requires detailed negotiation, due diligence, and compliance with lease terms. Whether you’re buying a restaurant, café, salon, convenience store, or franchise, Right Law Solicitors ensures your deal is legally sound, commercially fair, and completed smoothly.
We act for both business buyers and sellers, offering specialist legal support in lease assignments, business sale contracts, landlord consents, and TUPE regulations if employees are involved. Our aim is to complete your deal efficiently, accurately, and with complete transparency.
What Is a Leasehold Purchase or Sale of Business?
This refers to the sale or acquisition of a business operating from rented commercial premises, where the lease is transferred from seller to buyer along with the business assets.
It typically includes:
- Assignment of lease or grant of new lease
- Sale and purchase agreement (SPA) for business assets
- Transfer of equipment, stock, goodwill, and licences
- Landlord’s consent and lease review
- TUPE compliance if employees are transferring
- Transfer of business contracts, insurance, and utilities
Whether you’re selling a going concern or buying an established business, our solicitors ensure all legal risks are addressed and your interests are protected.
Our Leasehold Business Services Include
For Buyers:
- Due diligence on lease terms, liabilities, and restrictions
- Reviewing business sale contract and warranties
- Ensuring proper landlord consents and lease assignments
- Advice on employee and staffing obligations (TUPE)
- Managing completion and registration of lease assignment
For Sellers:
- Drafting and negotiating the sale agreement
- Preparing and disclosing business information
- Liaising with landlord for lease assignment
- Handling employee transfers or redundancies
- Ensuring a clean, compliant handover
Industries We Commonly Advise On
- Restaurants and Takeaways
- Cafés and Coffee Shops
- Convenience Stores & Off-Licences
- Salons and Barbershops
- Franchises (Subway, Domino’s, etc.)
- Auto Repair Garages
- Dry Cleaners and Laundrettes
Key Stages and Timeline
Typical Transaction Timeline: 3–6 Weeks
- Heads of Terms & Initial Advice → Clarify deal structure, timeline, key terms
- Contract & Lease Due Diligence → Review of sale agreement, lease, licences, employees
- Landlord’s Consent Process → Liaise with landlord or agent; draft licence to assign
- Exchange & Completion → Finalise documents, transfer funds, handover keys
- Post-Completion Steps → Registration (if applicable), notify suppliers/authorities
How We Help
Lease Review & Assignment Terms
We check break clauses, rent review, use class, repair obligations, and renewal rights.
VAT, Licences & Trading Permissions
We guide you through licence transfers (alcohol, premises, waste), and any tax implications.
Indemnities & Warranties
We ensure your business sale agreement protects you from future liabilities or disputes.
Landlord Negotiation & Consent
We liaise with landlords or managing agents for fast lease assignment approval.
Fixed Timelines & Smooth Completion
We plan the entire process to match your commercial timeline and launch date.
Our Pricing
| Service | Fixed Fee (Excl. VAT) |
| Leasehold Business Purchase | From £1,400 |
| Leasehold Business Sale | From £1,200 |
| Lease Review Only (Advice) | £450 |
| Landlord Licence to Assign | £500–£850 |
| Company Share Sale / Franchise Purchase | From £1,800 |
Disbursements (e.g., Companies House fees, search costs) billed separately.
We offer discounted pricing for repeat clients and portfolio businesses.
Initial consultation: £100 (deductible if you proceed)
Why Choose Right Law Solicitors?
- Experts in Leasehold Commercial Transactions
- Fixed Fee, No Hidden Surprises
- Quick Turnaround for Business Launches
- Experienced in Negotiating with Landlords
- Clear Advice in Plain English