Precedent: Scottish licensed premises sale - missives clauses on premises licence transfer, major variation, gaming machine permits, seller warranties and suspensive conditions (L(S)A 2005)

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Precedents

1 Definitions

Completion – denotes the Date of Entry or, if later, the day the Price is paid and the purchase of the Property [ and Business ] is finalised under the Missives;
Business – denotes the [ insert number ] [ star, ] [ , hotel ] [ , restaurant ] [ , café ] [ , bar ] [ , public house ] enterprise conducted by the Seller at the Property, providing [ [ describe accommodation type eg rooms, apartment or hotel ] ] [ , the sale of food and beverage ] [ , weddings ] [ , conference centre ] [ , leisure centre ] [ , spa ] [ , golf course ] [ , hairdresser ] [ , on-site staff accommodation ] together with all other activities, including those ancillary, incidental to, or connected with such business;
Conclusion Date – means, unless stated otherwise, the first date on which the Missives bring about a concluded contract;
Date of Entry – signifies the date falling [ insert number ] Business Days after the Purification Date;
Licensing Board – signifies the licensing authority empowered to grant premises licences in terms of the

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Audrey Ferrie

Audrey is a graduate of the University of Glasgow and trained with Hughes Dowdall & Co., a well-known Glasgow firm specialising in criminal law. On qualification she joined the litigation team at Moncrieff Warren Paterson, Glasgow in 1979 as an assistant solicitor and remained with the firm through various mergers until her retirement in April 2022. Audrey is established as a recognised expert in her field. She specialises in liquor, gambling and civic government licensing, with a particular focus on Scotland. She represents many well-known companies in the leisure and hospitality industry and appears regularly at licensing hearings throughout Scotland. Audrey is the Convenor a member of the Law Society of Scotland's Licensing Sub Committee and , a member of the Liquor Licensing Specialist Accreditation Panel. She was previously is also a member of the Scottish Tourism Alliance and the only Scottish member of the...

Web page updated on 22/05/2026

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