BUSINESS AND ASSETS SOLD SOLICITORS PRACTICE

The proposed Joint Administrators are seeking parties interested in the business and assets of a solicitor’s practice that operates on a national basis in the core legal areas.

Key Features

•   Based in the North West of England;
•   One member of staff and one consultant solicitor on a self-employed basis;
•   Practices in the following main areas of work: family law, insurance, civil, personal injury and consumer law;
•   c.150 live cases;
•   Work in Progress value of approximately £285k, a mixture of fixed fee and hourly rate; and
•   Current turnover c.£112k per annum

Opportunity

•   Assets available for sale include:
•   Goodwill;
•   Work in progress;
•   Debtor book of c.£30k (unencumbered);
•   Office equipment.

Offers

•   Indicative offers are sought by 12:00 noon on Wednesday 24 February 2021 with a view to completion shortly thereafter;
•   All interested parties will be requested to sign a non-disclosure agreement and specifically deal with the Proposed Joint Administrators, being Insolvency Practitioners of Leonard Curtis
•   Proof of funding required

Contact Details

Mary Dempsey
Leonard Curtis
Riverside House
Irwell Street
Manchester
M3 3EN
Mary.dempsey@leonardcurtis.co.uk
0161 831 9999