About this Practice
Location: Cambridgeshire – 880
Headline Points:
1.Sales / Fees rendered obtained from Internally prepared Management Accounts for the period 1st April 2025 to 31st January 2026, £282,681. Estimated value of Work-In-Progress is in the order of £100,000.
2.Sales / Fees rendered for the Year Ended 31st March 2025, £342,604.
3.Sales / Fees rendered for the Year 1st May 2022 to 31st March 2024 (23-months), £603,093.
4. Sales / Fees rendered for the Year Ended 30th April 2022, £338,193.
5. Law practice to transfer on a Successor practice basis.
6.Current Work Types – obtained from Professional Indemnity Insurance Proposal Form:
52% Children Work
22% Wills, Probate, Estate Administration, Trust & Tax Planning21% Residential Conveyancing
2% Matrimonial / Family
2% Litigious Work
1% Employment – Contentious
7.There are c 2,260 Wills in store. The present principal is named as executor, joint executor or executor in default to approximately 25% of the Wills.
8.The practice holds a Legal Aid franchise in Family Law – Contract extended to 31st August 2026. The practice is SQM Accredited.
9.The practice has obtained Professional Indemnity Insurance for the Indemnity Year 2025/2026
| Period of Insurance | 1st October 2025 to 30th September 2026. Both dates inclusive |
| Limit of Indemnity | £2,000,000.00 any one claim, excluding costs and expenses |
| Excess | £2,500.00 each and every claim limited to £15,000.00 in the aggregate |
| Premium | £13,000.00 |
| Insurance Premium Tax (IPT) | £ 1,560.00 |
| Administration Fee | £ 150.00 |
| Total premium | £14,745.00 |
10.There are no Professional Negligence Claims against the practice.
11.The practice is located in town centre leasehold premises held under a 5-year lease (January 2024) with a rolling 6-month break clause. The premises could house two additional fee earners.
12.Headcount [9].
Goodwill, Work-In-Progress, Debtors, Furniture, Fixtures, Fittings, Equipment and Library – Offer invited.
