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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?

03-02-2014 6:50pm

#1

Pink2014

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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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Comments

#2 05-02-2014 12:49am

Michael D Not Higgins

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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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