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What is the difference between purchasing a business Freehold or Leasehold?

April 26, 2017Business Freehold leasehold purchasing

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What is the difference between purchasing a business Freehold or Leasehold?

1 Answer

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10 Posted

In effect, if you purchase the Freehold Fixtures & Fittings and Goodwill you will own the property as well as the business. If you purchase Leasehold you will own the business and fixtures and fittings and the right, usually for a given period, to occupy the business premises for an agreed rent.