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21 July 2021 | Dental Practices

Long Lane Dental Practice in Greater Manchester sold to local first-time buyer

Specialist business property adviser, Christie & Co, has announced the sale of Long Lane Dental Practice in Greater Manchester. Funding for the sale was sourced through commercial finance specialist, Christie Finance.

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Long Lane Dental Practice is a three-surgery, mixed-income dental practice trading from a semi-detached character property in a densely populated location in Heald Green, Greater Manchester.

The business was previously owned by Dr Sobia Ahmad, who decided to sell to pursue other business ventures. It was her second sale in the last five years having sold Longfield Lodge Dental Practice in Cadishead in 2016. Dr Ahmad, comments, “I used Christie & Co for my previous sale and so did not hesitate to go with them again this time. Selling your practice is not always smooth sailing but with Jonathan’s experience and advice we got there! I wish the new owner all the best for the future.”

Long Lane Dental Practice has been purchased by local first-time buyer, Dr Ahmed Alawsi, who comments, “I am delighted to join the team at Long Lane, particularly as I live close by. I am determined to continue with the high levels of care provided to patients and am excited for the future of the practice!”

Jonathan Watson, Director at Christie & Co, who handled the sale, comments, “I was delighted we were able to achieve a great result for Sobia, having also acted for her in 2016 with the sale of Longfield Lodge. We work hard to maintain long lasting relationships with our clients, so it is extremely rewarding when they return to us a few years later. Across the two sales we were able to generate 18 offers for our client, emphatically demonstrating the demand for mixed practices in the North of England.”

The sale was supported by legal advice from Hempsons acting for the seller and Knights plc acting for the buyer.

Long Lane Dental Practice was sold off 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:

Jonathan Watson, Director – Medical
P: 07713 061 582 or E: jonathan.watson@christie.com



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