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Business Sales & Transfers in Newent
We act for buyers and sellers of businesses in Newent 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 ConsultationNewent is a small market town in the north-west of Gloucestershire, between the Malverns and the Forest of Dean, with a medieval church and a historic centre. Its property is largely period and village-scale, surrounded by orchards and farmland.
In Newent 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 Newent 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 Newent 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.
Local context matters on Business Sales & Transfers work in Newent. Newent is a small market town of period houses around the church, with modern estates on the edges. Rural surroundings mean drainage, access and boundary questions come up on older plots more often than in larger towns. We build the scope around it rather than applying a standard template.
The same stages apply whether you instruct us in {{place}} for a single matter or on a continuing basis.
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.
It depends on the shape of the instruction. Single matters are usually quoted as a fixed fee agreed in writing before we start; continuing arrangements are priced monthly against an agreed scope and reviewable as your needs change.
We provide business sales & transfers across Newent 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