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I Have been in this pub partnership for 18 months i have had pubs before
and i run the catering my husband runs the bar he has not been in this trade before and do not feel i can continue working with him I did not put any money in as the money was loaned from a relative of his . t he pub runs on 75percent catering food sales
Do you have a partnership agreement? When you say "dissolve" what exactly do you mean?
Is there a lease? In joint names? Does he want out or to carry on?We need full background please.
YES WE HAVE A PARTNER ship agreement in joint names we signed a lease he would not be able to carry on as the pub is totally food led and ato employ a chef it would not be financially viable the total money into the business was £50,000 and current trade is £3,000 weekly
do you need more information
I am offline shortly but will be on line tomorrow. So what do you want? Walk away?
We need full background and details of what you want to achieve.
Yes i would like to walk away would i have to pay him for leaving the business i would like to live near my daughter and son in the midlands I want to have money that i put into a house which we are unable to sell but it is in his sole name i put 80,000 into the property as i sold a flat and my business when i met him
I am going to opt out of this for another expert to consider as it has now become a mix of matrimonial and business. Please do not reply or itcomes back into my inbox. Another expert will pick it up at some stage. It isnow open to all experts.
yes i will wait for a reply
yes or live seperatetely as i know divorce is expensive and as i would only want money from the house we bought together in his sole name i put in 80.000 into the house in 2004
the property has been on the market for 18 months and the price has been dropped. no notice period on the pub lease but would have to find a buyer and as the current climate with pubs it would be difficult to sell and the takings would not show a profitable business with the rent that has to be paid 22,000 per year and takings around 3,000 weekly
thankyou yes can be dropped further but would be more beneficiall to have the rent in pub lowered i have already asked but he has said that we would have to pay back at a later date which would not help
no as it is too expensive and i cannot afford to do that
I earn 175 pounds per week for 6 days sometimes 7days . Lawyers fees are expensive