Derbyshire pharmacy sold in 18 days
Specialist business property adviser, Christie & Co, has announced the sale of Omega Pharmacy in Derbyshire.
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Omega Pharmacy is a standard-hours community pharmacy that dispenses an average of 3,000 items per month. It is located opposite a large modern medical centre on St Thomas Road, a densely populated residential area two miles south of Derby.
The pharmacy was owned by husband-and-wife, Manny and Poonam Rai, who, after a short period of ownership, decided to sell to focus on their other pharmacy in Coventry.
Following a confidential sales process with Carl Steer at Christie & Co, it has been sold to an online clinic and prescription service based in the East Midlands.
Carl Steer, Director – Pharmacy at Christie & Co, comments, “From offer to completion, this sale took just 18 working days which is not only my fastest ever sale in 20 years with Christie & Co, but is also four to six months quicker than a typical sale and we achieved over the guide price. Since marketing commenced, we saw good levels of interest from first-time buyers, distance-selling contractors, and some existing pharmacy operators. This shows that even if you have a pharmacy with quite low dispensing numbers, the market is active and it will be a perfect buy for someone.”
Omega Pharmacy was sold for an undisclosed price.
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For further information on this press release, contact:
Phoebe Hill, Associate Director – Corporate Communications
P: 07540 063 598 or E: phoebe.hill@christie.com
Visit Christie & Co’s Business Search page to find out more about current medical listings.