Leasehold

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  • #43790
    rds01
    Participant

    We have a claimant who has the leasehold on a pub which she no longer occupies.  The pub is clsoed and she is trying to sell the leasehold for £20k.  Is the leasehold an asset or is it property and we can disregard it as it's up for sale? Thanks.

    #124434
    Andy Thurman
    Keymaster

    Assuming this was her previous business, the value is disregarded as an asset while reasonable steps are taken to dispose of it.

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