The transaction can be structured either as the purchase of a business, or as the purchase of assets (including the premises).
The choice will affect the costs, potential tax implications and your potential legal liabilities. For example, if you purchase a business, you may also take on the business's liabilities. On the other hand, purchasing the share capital of a business which owns the premises you want could attract a lower stamp duty charge than purchasing the premises directly.
Take advice on the best way to handle the purchase to suit your requirements.
