
Stonesmith are one of the leading business transfer agents, specialising in pubs for sale, hotels for sale, nightclubs for sale and catering businesses for sale in the Westcountry / South West.
We sell a wide range of licensed properties, both freehold and leasehold, located throughout the Westcountry / South West. We pride ourselves on assisting buyers and sellers throughout the whole process, and not just setting up the deal. We constantly monitor the sale to ensure a smooth completion which includes liaising with solicitors, bankers, brokers, surveyors and accountants etc.
The key with any purchase is arranging funds to progress a sale. We have a number of specialist consultants who specialise in sourcing competitive funding for buyers. This gives you the confidence to make offers on any business in which you are interested, whether bought through us or another agency.
Being able to move forward with a purchase of any licensed property, will require you to hold a personal licence and it is imperative that this is applied for at an early stage. Personal licenses came into force from 24 November 2005 are valid for 10 years and are transferable to any licensed business owned by you. For further details please contact Stonesmith.
When buying a leasehold property, you will also be required to provide to the landlords, a considerable amount of information, including references, business plan, confirmation of funding and details of your personal licence.
The various pub companies all have similar requirements, however we can explain this further at the appropriate time. In addition the majority of pub co’s will require you to undertake one of their in-house courses.
For property update.