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Selling a retail business involves the orderly transfer of ownership, typically by asset or share sale, including due diligence, drafting of a sale agreement, and handling pre‑sale disclosures. A solicitor helps prepare and negotiate heads of terms, scrutinise warranties and indemnities, and manage post‑signing conditions. They also coordinate the transfer of the lease, stock, customer data, and supplier arrangements, and advise on competition, VAT, stamp duty, and employment protections for staff.
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