7/17/2019 | Dental Practices

Manchester city centre dental practice sold

Specialist business property adviser, Christie & Co has completed on the sale of 207 Dental Care, a mixed income dental practice situated in Manchester, to an experienced independent operator, with funding secured through specialist commercial finance broker, Christie Finance.

207 Dental Care occupies a prominent position on Deansgate in the heart of Manchester city centre and comprises two well fitted surgeries. The practice has been owned by the same family for nearly 60 years and had been operated by Principal Julia Payne since 1990.

Former Principal Julia Payne comments, “It has been a great honour to own the practice over the last thirty years and I wish Dr Harris all the success that we have enjoyed. Thank you to Jonathan at Christie & Co who met with me several times over a few years helping me prepare for sale and then found a purchaser so speedily!”

New owner, Principal Jan Harris comments, “I am delighted to be taking over a city centre practice with such a great reputation and history. I am looking forward to meeting existing patients as well as welcoming new patients to the practice. We will continue to deliver high quality dentistry to the families and young professionals of Manchester. I am also extremely happy that Julia is staying on to work at the practice, it really is a case of ‘business as usual’ for 207 Dental Care!”

Jawad Anjum, Associate Director at Christie Finance comments, “It was a pleasure to work with Jan on the acquisition of 207 Dental. He is a hugely experienced dentist and businessman with a great team of advisers behind him. Christie Finance achieved a great deal in record time to ensure the funding process was simple and effortless. I wish him all the best with this practice and future plans!”

Jonathan Watson, Director at Christie & Co handled the sale and comments, “We are delighted to conclude a deal for Julia, whose family has owned the practice for almost sixty years! The fact that a deal was agreed in just three weeks shows the strength of the market for prominently located practices such as 207 Dental Care in the heart of Manchester.”

Alexander Hall, Partner at Meade King Solicitors & NASDAL acted for the seller whilst Dov Black from BBS Law acted for the buyer.