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Business Sales & Transfers in Lydney
We act for buyers and sellers of businesses in Lydney and across Gloucestershire, on both asset and share sales. That covers heads of terms, due diligence, the sale and purchase agreement, warranties and indemnities, and completion, with a fixed fee wherever the shape of the deal allows it.
Request a ConsultationLydney is a port town on the Severn in the Forest of Dean, with a harbour, a docks branch line and a history of iron and timber trades. Its housing mixes Victorian streets with post-war and modern development.
In Lydney we act on both sides of the market: owners preparing a business for sale, and buyers acquiring one. Much of the value sits in what is being sold and what the buyer can rely on, so we work through that before the price is finally agreed.
A business sale in Lydney is usually the largest transaction its owners will ever make, and the value sits in the detail: what is being sold, what the buyer can rely on, and what happens if something turns out not to be as described. We work through that systematically so completion holds.
Heads of terms and deal structuring
Buyer and seller due diligence
Asset sales and share sales
Sale and purchase agreements, disclosure letters
Warranties, indemnities and deferred consideration
TUPE and employee considerations
Selling or buying a business in Lydney is usually the largest transaction its owners will ever make, and the value sits in the detail: what exactly is being sold, what the buyer can rely on, and what happens if something turns out not to be as described. We act for both buyers and sellers, on asset sales and share sales.
Because we see both sides of the market, we know where the arguments will come from: the treatment of stock, work in progress and debtors, the allocation of risk between exchange and completion, the warranties the buyer wants, and the extent of the seller's continuing obligations after the deal has completed.
Lydney has Victorian and Edwardian streets from the docks and railway era, with modern estates around the town. The Severn estuary frontage brings flood risk, and former industrial land raises ground condition questions. That is the backdrop to Business Sales & Transfers work in Lydney, and it shapes the questions we raise at the outset.
Whether the instruction in {{place}} is a one-off or an ongoing arrangement, the sequence below is how the work runs.
We look at the shape of the deal first: asset sale or share sale, what is included, how the price is built and paid, and what the tax consequences look like alongside your accountant.
The buyer's solicitors will ask for a great deal of information. We manage that process for sellers and run it for buyers, testing what is said and identifying the points that need to be reflected in the agreement.
We draft and negotiate the sale and purchase agreement, the warranties and indemnities, the disclosure letter, restrictive covenants, and any deferred or contingent consideration.
We handle completion and the transfer of assets, employees, contracts and premises, and we stay involved through the period after completion when adjustments and warranty claims are resolved.
A straightforward asset sale can complete within six to ten weeks of heads of terms being agreed. Share sales, and anything involving property, employees transferring under TUPE or a buyer's funding, take longer, and the timetable is usually driven by due diligence.
In an asset sale the buyer acquires the business's assets and most liabilities are left behind, which is usually better for a buyer. In a share sale the company itself changes hands, so its history transfers with it, which is usually better for a seller.
No, and you should be wary of any firm that offers to. We act for one side only and will tell you straight away if a conflict arises, so that the negotiation stays properly conducted on both sides.
Very little to begin with: the documents you already hold, the names of anyone else involved, and a note of what you want to achieve and by when. We take it from there and tell you what else we need.
We provide business sales & transfers across Lydney and the surrounding Gloucestershire area, including:
Tell us what you need and we will come back with a clear scope, a named contact and a fixed fee wherever we can.
Request a Consultation