Our clients had been looking to sell their pharmacy for some time but they were having difficulties as the premises were part of their substantial residential property and most purchasers were reluctant to take on the whole building.
Our clients identified suitable alternative premises for a relocation of the pharmacy and agreed initial terms with the property owner.
Mindful of the complexities of the NHS regulations, PSC assisted the clients by negotiating detailed heads of terms for the new lease.
In addition, we ensured that they had protection against the small risk that the relocation could be refused, in which case our clients would not wish to be tied into a new lease.
We also prepared the relocation application which was approved without objections from any party.
Our clients are now free to relocate the business and conclude the sale of their business.