PRACTICES FOR SALE

About this Practice

Location: MERSEYSIDE – 922

General Overview:

  • Main areas of expertise are: Residential and Commercial Conveyancing; Wills, Trust & Probate – contentious and non-contentious; Litigation; Matrimonial; Landlord & Tenant; Commercial; Employment and Debt Collection work.

 

Financial Overview (Indicative Summary)

  • Year End is 31 January
  • Fee income for the period 1 February 2026 to 30 June 2026, £626,581 (5-months – obtained from internally prepared Management Accounts)
  • Fee income for the Year Ended 31 January 2026, £1,498,953
  • Fee income for the Year Ended 31 January 2025, £1,416,616
  • Work-in-Progress (WIP): circa £665,000
  • The company operates on a positive cash flow basis

 

Professional Indemnity Insurance

  • Professional Indemnity Insurance is in place for the period 1 June 2026 to 31 May 2027 both days inclusive
  • Level of cover £3,000,000 any one claim
  • Sub-limit of Indemnity: £50,000 – any one claim and in the aggregate
  • Excess Payable £10,000 each and every claim; capped at £30,000 in the aggregate
  • Annual premium, including IPT: £81,447.76.

 

Breakdown of Work Types

  • Work mix – circa figures:
  • 36% Residential Conveyancing
  • 16% Commercial Conveyancing
  • 31% Wills, Trust & Probate – contentious and non-contentious
  • 6% Litigation
  • 3% Matrimonial
  • 3% Landlord & Tenant
  • 2% Commercial
  • 2% Employment
  • 1% Debt Collection work

 

  • Employed members of staff will transfer in accordance with TUPE Regulations.
  • Consultancy available.  Terms and duration to be agreed.

 

Offer Invited!  

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