6/21/2018 | Dental Practices

Fife dental practice sold to multi practice owner

Specialist business property adviser, Christie & Co has completed the sale of Dentistry @ No 3 in Dunfermline, Fife.

Situated within an attractive sandstone Victorian villa, the dental practice is fitted to a high standard and consists of three spacious and modern surgeries. Dentistry @ No 3 is a mainly private practice with revenue generated through Plan and FPI income.

Previous owner and Principal, Alan Carter established the practice around 40 years ago, relocating the practice to its current location at Comely Park nearly 10 years ago. Planning his retirement, Mr Carter decided to sell the practice, but will continue to work at the business on a part time basis to ensure a smoother transition for the new owner.

Mr Carter comments, “After meeting with Paul, I felt that I could trust Christie & Co to accurately value my practice and then market it in the most effective way. The various interested purchasers they put forward all seemed very genuine and I felt that I had Paul’s support all along the way, right to the final legal stages and signing. His experience in this market was invaluable to me and very reassuring. I would recommend Christie & Co’s services to any dentist considering selling their practice.”

Mark Skimming, an experienced and highly regarded multi practice owner, is taking the reins at the practice and looks to grow and develop the business beyond its current performance. Mr Skimming comments, “It’s always a pleasure dealing with Paul and the work done at Christie & Co. Paul is always clear about the background regarding each sale and has the trust of both parties to intervene successfully when required. I would not hesitate to work with Paul again in the future.”

Paul Graham, Director – Medical at Christie & Co handled the sale and comments, “Christie & Co took a fresh approach to the sale and following a successful, confidential marketing campaign, multiple offers were received and the successful buyer chosen. I wish both Alan all the best in his retirement and Mark in his new business venture.”

Christie & Co sought offers in excess of £615,000 for Dentistry @ No 3.