Avoiding A No Deal Scenario When Selling Your Pharmacy

At the Charles Russell Speechlys LLP Pharmacy Law conference in March, Claire Timmings and I spoke on the key areas from a property perspective that can hold up or prevent a pharmacy business sale. This article sets out some of the key areas which we discussed.  The article to be published next month looks at delays from a corporate transactional perspective.

Is your documentation in order?

Often a lot of time is spent chasing after documents that could be avoided by good record keeping. Keeping copies or originals of key documents will save time and costs down the line for both buyer and seller.

Key documents include:

• Title deeds – leases, transfers
• Rent review memoranda