Business Transfer Solicitors

Transfer of Assets

Buying or selling a business can be an emotional and stressful process – let us take the stress away and help you make commercially minded legal decisions.

Each business sale is different and most are complicated. We work to understand your overall objectives and work proactively to help you achieve them. By giving you clear and concise advice we empower you to make commercially minded decisions based on relevant information.

When it comes to buying and selling a business an extensive agreement should be drawn up. This Asset Purchase Agreement is between the buyer and seller and clearly states all the terms of the sale.

This will include obvious things such as the purchase price, how payment will be made and any warranties offered by the seller. It will also cover more complicated issues such as outstanding debt, transfer of employees under TUPE regulations and all restrictions on the seller competing with the business after the sale completes.

At Coles Miller we have a wealth of experience when it comes to buying and selling businesses and apply this to deliver realistic and valuable advice to our clients.

For Kerry Houston-Kypta, Partner:

“Many thanks for guiding us through the sale of land. Also for in helping us to keep realistically within our budget. Our dealings with you both made it a pleasurable and stress-free transaction.”

"As church building contractors we are well used to working on unusual buildings with unique problems to overcome. So, when the opportunity to buy a redundant church to convert to residential apartments came our way, we knew we would need a commercial solicitor that could navigate a very unusual purchase. Having worked with Kerry Houston-Kypta on a similar project 10 years ago, we felt she was the one person who would make sure the complicated process of purchasing from the church of England went smoothly. As always, Kerry was available to answer any questions and offer sound legal advice in her calm and easy to understand manner. We are happy to say we completed last week and Kerry will also be assisting us with the development finance, drawing up all the leases and providing the sales conveyancing. We would have no hesitation in recommending Kerry to any property developers looking for excellent service, sound advice and competitive fees."

"I would also like to express my gratitude for your professionalism, support and patience in dealing with this matter and the speed with which you managed to complete the work when finally you were provided with the undertaking. Thank you again for all your help. It is very much appreciated."

For Charlotte Lilley Solicitor:

“Coles Miller were a real help during our move. They weren't just efficient and helpful, they were proactive. Charlotte Lilley helped us to buy with confidence by identifying several important issues in the early stages. I'd like to extend my thanks to Charlotte for keeping the transaction moving, in what were very difficult times for everybody. I would recommend Charlotte without reservation."

"We were very happy and satisfied with the service we received from Charlotte and her team. Charlotte and her team were patient and displayed full of professionalism. I will certainly recommend them to others."