Bradford business joins growing Yorkshire pharmacy group
Specialist business property adviser, Christie & Co, has announced the sale of Oakenshaw Pharmacy in Bradford, West Yorkshire.
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Oakenshaw Pharmacy is a standard hours community pharmacy that dispenses an average of 2,616 items per month. It occupies a two-storey end-of-terrace property on Bradford Road, just off the M606 and M62.
The pharmacy has been owned by Day - Night Pharmacy Limited for 11 years and was brought to market following a strategic review of the group’s portfolio.
Following a confidential sales process with Tom Young at Christie & Co, the business has been purchased by Shaiyan Wirasat of SIW Corporation Limited, which also owns Ramzy’s Pharmacy in Halifax and Ramzy’s Pharmacy in Bingley.
Shakeel Suleman, Director at Day - Night Pharmacy Limited, comments, “Having reviewed our portfolio, I made the tough decision to sell Oakenshaw Pharmacy after over 10 years of ownership. I wish Shaiyan every success for the future and am sure a local operator will be able to offer a more ‘hands-on’ approach.”
Shaiyan Wirasat, Director at SIW Corporation Limited, comments, “This pharmacy fits well with the other two in our portfolio in West Yorkshire. I look forward to bringing some new ideas to the pharmacy and ensuring the highest levels of service for the patients of Oakenshaw Pharmacy and the surrounding community.”
Tom Young, Senior Business Agent - Pharmacy at Christie & Co, comments, “It was a pleasure to facilitate this sale and act for Shakeel and his fellow Directors. We achieved strong interest in this pharmacy with multiple offers received within the first couple of weeks of marketing, and quickly agreed a sale to Shaiyan. I wish him every success and am confident the pharmacy will progress under his ownership.”
Oakenshaw Pharmacy was sold for an undisclosed price.
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