12/4/2020 | Pharmacies

Swettenham Chemists has been sold to expanding local operator

Specialist business property adviser, Christie & Co, has announced the sale of Swettenham Chemists in Llandudno, North Wales.



Swettenham Chemists is a health centre pharmacy which dispenses, on average, over 18,000 items per month. It is housed within a single-storey, brick-built extension of the main Craig Y Don Medical Centre building in the coastal town of Llandudno, which is famed for its North Shore Beach and 19th-century Llandudno Pier.

The pharmacy was previously owned by Mr Ian and Mrs Dawn Swettenham, who decided to sell in order to free up more time to concentrate on their other businesses.

Mrs Swettenham comments, “We own and operate six pharmacies around the UK, with Swettenham Chemists being the only one in Wales. We purchased the pharmacy in 1999 and, in 2005, relocated it to its current site in the Craig Y Don Medical Centre, where it has found great success. We’ve really enjoyed serving the Llandudno community for the last 21 years, but decided it was time to sell the branch to release more time to concentrate on the businesses closer to home in Chester.

“We’d like to wish everyone at Camella Healthcare Limited all the very best with their new acquisition, and hope they enjoy running this business as much as we have over the years.”

Swettenham Chemists has been purchased by Camella Healthcare Limited, a small group of Independent NHS Community Pharmacies operating from three sites along the North Wales coast.

Jon Booth, Associate Director at Christie & Co, who handled the sale, comments, “Having secured a suitable offer for Swettenham Chemists virtually the day before the first lockdown, it is great to finally get this sale over the line. Our clients, Dawn and Ian, and their team have worked incredibly hard to keep the business performing at its usual high standards and the new owners are acquiring an excellent business which will be a great addition to their existing estate both in terms of the geography and the high performance. We wish them every success.”

Swettenham Chemists was sold at an undisclosed price.
 

For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com

Contact the agent:
Jon Booth, Associate Director
P: 07703 607 122 or jon.booth@christie.com