Location: Derbyshire – 926

General Overview:

• Main areas of expertise are Conveyancing; Family/Matrimonial; and Wills, Trust, Probate and Estate Administration

Financial Overview (Indicative Summary)

• Year End is 31 December
• Turnover for the period 1 January 2026 to 30 September 2026, c £152,000 (9-months)
• Turnover for the Year Ended 31st December 2025, c £180,000
• Turnover for the Year Ended 31st December 2024, c £164,500
• Work-In-Progress (WIP) as at 30th September 2026, c £155,000
• The law practice operates on a positive cashflow basis

Payment and Settlement

• The law practice will transfer on a successor practice basis

Professional Indemnity Insurance

• Professional Indemnity Insurance is in place for the period 1 October 2026 to 31 March 2028 (18-months policy)
• Level of cover £2,000,000 any one claim
• Total Premium including IPT £15,962.80
• There are no Notifications made by the practice to its Insurers, nor are there any Professional Negligence Claims against the practice.  There are no disciplinary findings, sanctions, or open SRA investigations

Operations & Compliance

• The office premises are held on lease with an annual rental of £18,000.  The premises is also available for sale at £250,000
• Current live files: c 300
• Work mix – circa figures:
• 20% Property – residential
• 10% Property – commercial
• 20% Family / Matrimonial
• 15% Wills, Trust, Probate, Estate Administration and Tax Planning
• 10% Children
•   5% Personal Injury
•   5% Litigation
• 15% Miscellaneous

Proposed Terms – Sale / Transfer etc to Successor Practice

1. Consideration:  Offer invited for the sale of the business
2. Headcount [5]
3. Consultancy for exiting Principal:  Terms and duration to be agreed
    

Offer invited.