Location: Cheshire – 857

 Headline Points:

–  Total Revenue obtained from Internally prepared Management Accounts for the period 1^st July 2023 to 29^th February 2024, £1,399,591.

–  Turnover / Sales of Goods for the Year Ended 30^th June 2023, £1,657,845.

–  Current Work Types – obtained from professional indemnity insurance proposal form 2023/2024:

Herewith Terms for the Sale/Merger/Take-over etc of Law Practice:

1. Goodwill, Work-In-Progress, Furniture, Fixtures, Fittings, Equipment and Library – Offer invited.

2. Offices are fully furnished and chattels are transferrable to the acquiring practice.

3. The acquirer/merging entity of this business to be the Successor practice.

4. Office Premises: Lease to be assigned.

5. The acquirer of this practice will be required to take-over the unexpired part of all on-going agreements relating to future payments for software licenses, equipment, furniture, fixtures, fittings, storage rental, PI insurance, library and any payments made for the running of the practice.

6. Consultancy for the out-going partner:  Working status / arrangements and remuneration to be negotiated.

7. Employed members of staff:  To transfer to the Successor firm in accordance with TUPE Regulations, i.e: on the same terms and conditions they presently enjoy.

8. Money held in Office Bank Account and Office Debtors do not transfer to the acquirer.  Clients’ Accounts, both Current and Deposit will be reconciled and transferred to the acquirer.  Ongoing payments commencing the first day after date of transfer of the business will be discharged by the acquirer of the business.