Busy pharmacy in Loughborough sold to first-time buyer
Specialist business property adviser, Christie & Co, has announced the sale of Outwoods Pharmacy in Loughborough, Leicestershire.
Business. Built around You.
Your expert business property advisers
Outwoods Pharmacy is a standard-hours community pharmacy that dispenses an average of 6,564 items per month. It is located in a large residential area in Loughborough.
The pharmacy has been owned by husband-and-wife Pharmacists, Dipul and Darshini Modha, for circa 10 years and was brought to market to allow them to exit the sector.
Following a confidential sales process with Carl Steer at Christie & Co, it has been purchased by first-time buyer, Karan Pankhania.
Carl Steer, Director - Pharmacy at Christie & Co, comments “I have been meeting with the Modha family for a number of years with a view to timing the sale to suit their plans. Once instructed, we achieved multiple offers and a sale was agreed in just five weeks. Leicestershire has long been a hotbed of activity for pharmacy sales, illustrated by the speed of this sale, and the fact that we have another due to complete shortly, and three others in legal stages that will complete in the next few months.”
Outwoods Pharmacy was sold for an undisclosed price.
-------------------
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 our Business Search page to find out more about our current medical listings.