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Solicitors’ Practice for Sale in an affluent North London SuburbWe are delighted to have been retained by a long established two Partner Solicitors’ Practice in an affluent North London suburb who, for genuine reasons, are looking to sell their Practice as a going concern. At least one of the Partners would be prepared to remain with the Practice to smooth a transition. Turnover for the current financial year was approximately £575,000 and was made up of Residential Conveyancing [53%], Employment [3%], Wills/Trust/Probate [10%], Matrimonial [4%], Personal Injury [3%], Commercial Property [16%], General Litigation [9%] and 2% miscellaneous non-litigious matters. They also hold around 1,000 wills and about 750 Deeds. Apart from the two Partners, there is one other full time Solicitor, 1½ full time equivalent Consultants and 5½ full time equivalent support staff. The Firm’s leased offices, which comprise approximately 1,600 sq. ft. of usable office space, face on to the main road through a very busy but very pleasant North London suburb, close to the A1, the M1, the A406 and an underground tube station. If you are an individual looking to acquire an established Practice in North London , this would be ideal for you. Alternatively, we believe the practice would be of interest to existing London and provincial Firms interested in gaining a foothold in the area to target the lucrative Commercial Clients and affluent Private Clients in this prosperous North London area. |
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