First establish what is being sold: assets, shares, property or a lease interest.
01
Define the perimeter
List equipment, stock, contracts, intellectual property and property interests included or excluded.
02
Review operations
Ask for staffing, supplier, maintenance and operating information with an identified source and period.
03
Check financial evidence
Reconcile statements with supporting records through a qualified adviser. Separate sales, operating profit and adjustments.
04
Plan the handover
Clarify consents, licences, staff matters, liabilities and transition support. Use an agreed confidentiality process.
Turn reading into a useful record
Keep three columns in your working notes: the question, the source of the answer and the action still needed. Give each open issue a responsible person. Ask the relevant professional to explain the limits of their review, and preserve assumptions alongside the conclusions.
Before making a commitment
Use this checklist to prepare a more precise conversation. It does not establish rights, condition, value or suitability of any individual property. Obtain the appropriate independent advice for your transaction and confirm current requirements with the responsible authority.
