22 December 2016 | Dental Practices

Manchester's Stonemount Dental Surgery sold through Christie & Co

Specialist business property adviser, Christie & Co has brokered the sale of Stonemount Dental Surgery in Higher Blackley, Manchester. The practice was sold to a local associate dentist looking for their first experience of practice ownership.

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The business, which is prominently positioned on the main road through Higher Blackley, was an expense-sharing NHS dental practice with two experienced Principals looking to sell their NHS contracts. The sale generated 12 viewings from a range of purchasers and multiple offers were received at the closing date.

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Jonathan Watson, Associate Director at Christie & Co’s Manchester office brokered the sale. He comments, “This practice sale attracted multiple offers from both first-time buyers and existing operators alike. Despite a potentially tricky sale with effectively two businesses being sold, we were able to deliver a successful result for the business owners.

“The sale price achieved reinforces the strength of the northern dental market at present and we fully expect high levels of demand to continue in 2017.”