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Vacant possession

Pink2014 · 2014-02-03 18:50:13

Hello What does it mean when a business is for sale in full vacant possession? If the business is currently trading, what usually happens to the staff?

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03-02-2014 7:50pm

#1

Pink2014

Registered Users Posts: 16 ✭

Join Date: January 2014

Posts: 6

Hello

What does it mean when a business is for sale in full vacant possession?
If the business is currently trading, what usually happens to the staff?

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#2 05-02-2014 1:49am
Michael D Not Higgins

Registered Users Posts: 7,223 ✭✭✭

Join Date: April 2013

Posts: 6953

Vacant possession refers to the sale of the property and requires the property to be empty when the sale is completed.

The term is not in reference to the sale of the business.

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