The cheapest method of taking over a licensed trade business as a self employed person, with a substantial agreement, is that of a tenancy business.
To have adequate funds to take over a tenancy, you will need a minimum of £10,000-£12,000. These funds will cover your estimated ingoings.
What is an ingoing?
A typical ingoing could
It is unlikely that an ingoing will allow for working or backing capital,
and certainly will not cover expenses such as removals etc.
When you receive a set of details from us, if you are in any doubt about monies,
please ring Mark Jenkins to discuss your queries.
Ingoings on leases and freeholds are different again,
and generally cost substantially more.
Again, please contact Mark Jenkins for further information.