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still hoping for an answer from your website
As I said, all I am giving the shop owner is a monthly rent. No other monies have or will be paid by me to her.
there is no "new" business, I am intending to expand my current business from three to four branches by opening up in these premises.
Unfortunately the business currently operating from these premises is in the same field as mine (hence the concern about TUPE), but it will be closed down as the business owner is retiring.
I do not want to inherit her staff for commercial reasons.
Any idea at what point would it be considered a transfer of business?
If the outgoing business owner leaves shop fittings behind and unused stock? again there would be no payment involved, its just she wants to walk away with the minimum effort as she struggles to cope.
She has agreed to pay for work to bring the building up to scratch, ie rewiring, decorating etc but no more than anyone renting premises would expect.
I will obviously be rebranding the shop with my signage and publicity materials etc.
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