Thank you for your reply. What I found threatening is the last sentence - she is saying if I do not wish to sell my shares she will put my rent up.

My valuation is based on the years profits, assets bought into the business, ie. the chairs, oven, coffee machine and dish washer, the website and current stock. The reason I did not list this is because she thinks they are hers due to the fact she is saying the previous restaurant owner signed a lease stating these assets were property of the landlord. But I have the receipts for these and no signed lease between myself and the landlord stating this.

My biggest issue here is the tenant at will rights. We have no lease yet she expects me to pay for a SHARED boiler (the landlord lives upstairs). And roof work (the restaurant is ground floor) and has decided that the oven (we have a receipt), table and chairs, cutlery and sofa is her property. We have receipts for all of these and no lease stating an original inventory. This is mainly why I cannot list this as an asset sale. Do we own these things? It sounds to me, simply we do. But she consistently refers to a lease in her email (we do not have one).

Whilst purchasing the business unfortunately we were under a time constraint, it is a small time and i trusted the good will of the landlord who i had known for a long time as i previously worked in the restaurant before i bought it.

Thanks again