Published: 22 August 2017 by Sarah Taylor
In spite of uncertain times both politically and economically, there appears to be a significant amount of merger and acquisitions activity going on within the trade. This could be because operators are reluctant to invest in new build sites in the current financial climate and another opportunity to grow their business is through acquiring existing sites.
If you are minded to buy premises from an existing operator, here are a few important licensing considerations:
Whilst the above tips can seem onerous, particularly undertaking due diligence on a large estate, it is important to do some research and ask questions of the seller before committing to buying as it mitigates any potential risk and can save unexpected expense and stress in the longer term.
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