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24 March 2021 | Dental Practices

Fairmilehead dental practice in Edinburgh sold for the first time to Clyde Munro through Christie & Co

Specialist business property adviser, Christie & Co, has announced the sale of Fairmilehead Dental Practice & Implant Centre in the Edinburgh suburb of Fairmilehead.

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Dental-team-Fairmilehead-(3).jpg
Photo credit: Ian Georgeson Photography

Fairmilehead Dental is a well-established three-surgery practice approximately three miles from Edinburgh city centre and is one of just a few Scottish Denplan Excel Accredited practices. It has 3000 private patients and also treats children on the NHS. Its team includes three dentists, two hygienists, six nurses and four receptionists and a practice coordinator.

The practice was founded in 1993 by Dr Duncan Robertson who, after graduating from Edinburgh University in 1983, worked at the city’s Dental Hospital and completed a doctorate in oral medicine in 1989. For the past 17 years he has specialised in implants and notably invented a crown-to-implant connection in 2012 called the Orbital Connector.
 
Dr Robertson comments, “Many of the people who walk through the doors have become my friends as well as patients as we have treated them and their family members over the years and I’m delighted that the practice and what it stands for is now part of Clyde Munro. Patients can be assured that, while the uniforms may be different, it will still be the same familiar faces, practice, and quality of care they have come to know over the years.”
 
Fairmilehead Dental Practice has been sold to expanding national dental group, Clyde Munro, as part of the group’s wider expansion plans.

Speaking on behalf of the company Kirsty Dace, Chief Development Officer with Clyde Munro group, comments, “Fairmilehead is the perfect addition for Clyde Munro. It is growing, trusted by its patients, has a hugely talented team, and mirrors our ethos for delivering the best possible dental care to its local community. It’s also perfectly situated to give us the platform we need for further growth in Edinburgh, while adding impressive expertise in implant treatments which will benefit our practices and patients right across the east of Scotland.
 
“Everyone involved is delighted with this deal and it took just eight weeks, showing what is possible when all parties are totally focused.”
 
Joel Mannix, Business Agent at Christie & Co, who handled the sale, comments, “Duncan appointed us to sell Fairmilehead Dental last year in order to realise its true market value potential and, in late November, the practice was brought to market. After a mere three months, we have achieved a successful completion. A frenetic bidding process was received in the initial weeks after launch, and thereafter, a suitable offer was accepted.

“Fairmilehead Dental is a high-quality practice, and this was reflected in the volume and quality of offers received. The focus, in the end, was finding a buyer who could deliver on this level of deal value in a quick period of time and that’s where Clyde Munro Dental Group really stood out.

“Thanks to all involved, it took just eight weeks from the offer being accepted to actual completion. A record timescale and interest levels received, and this reflects the huge buyer appetite in the Scottish dental market at present where supply outstrips demand.”

Fairmilehead Dental Practice & Implant Centre was sold off an asking price of £1,100,000.
 

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:
Joel Mannix, Business Agent
P: 07764 241 691 or E: joel.mannix@christie.com