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JGM, Solicitor
Category: Scots Law
Satisfied Customers: 12092
Experience:  30 years as a practising solicitor.
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I want to buy existing business in Edinburgh (clothing shop).

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I want to buy existing business in Edinburgh (clothing shop). Business seller is under the Lease in the premises. Is it nessesary to disclose selling price in the Assignation to the Lease? Current business owner doesn't want Landlord to know business selling price.
Thank you for your question.
No it can be drafted without the price. The price can be dealt with in separate missives to which the landlord isn't party.
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