Manchester dental practice sold to first-time buyers
Specialist business property adviser, Christie & Co, has announced the sale of Claremont Dental Practice in Greater Manchester.
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Claremont Dental Practice is a mixed-income practice with three fully equipped surgeries. It is located in the centre of Sale, Greater Manchester, approximately five miles southwest of Manchester city centre.
The practice has been owned by Dr Reetika Aggarwal since 2012, over which time it has developed an excellent local reputation for providing high-quality family dentistry. It was recently brought to market to allow them to reduce responsibilities.
Following a confidential sales process with Jonathan Watson at Christie & Co, the practice has been sold to a local husband-and-wife team purchasing their first practice. The pair were drawn to its “ideal central town location and the potential to explore the untapped private treatment opportunity.”
Jonathan Watson, Director – Dental at Christie & Co, comments, “I was delighted to have helped facilitate the sale of Claremont Dental Practice on behalf of Reetika. We managed a competitive process which culminated in 18 viewings and nine offers. This market response further evidences the strong demand from independents for mixed practices with manageable NHS contracts. The central location in Sale lends itself to future private growth, and I am confident the practice will continue to be a huge success with the new buyers at the helm.”
Claremont Dental Practice was sold for an undisclosed price.
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For further information on this press release, contact:
Phoebe Hill, Associate Director – Corporate Communications
P: 07540 063 598 or E: phoebe.hill@christie.com
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