New owners for high-dispensing Liverpool pharmacy
Specialist business property adviser, Christie & Co, has announced the sale of Rightdose Pharmacy in Liverpool.
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Rightdose Pharmacy is a standard-hours community pharmacy that dispenses an average of 12,539 items per month. It is centrally located in the town of Maghull, which lies approximately eight miles North of Liverpool City Centre.
The pharmacy has been owned by Rightdose Healthcare since 2021 and was brought to market after a strategic review of its portfolio.
Following a confidential sales process with Tom Young at Christie & Co, it has been purchased by Ahmad Jan and Vishaal Lola, a pair of operators who own two other pharmacy branches, one in Huddersfield and one in Wigan.
Kasim Gulzar, Director at Rightdose Healthcare Limited, comments, “Having acquired this branch in 2021, we had a review of our portfolio and decided it would be better for our wider business to focus on our efforts closer to home in Glasgow. We wish Ahmed and Vishaal all the best for the future.”
Vishaal Lola, the new owner of Rightdose Pharmacy, comments, “We were attracted to this pharmacy due to the high volume of dispensing, as well as it complementing the other pharmacies in our portfolio. We look forward to building upon the excellent foundation that Kasim and his team have established and ensuring continued success for the pharmacy.”
Tom Young, Senior Business Agent – Pharmacy at Christie & Co, comments, “This sale attracted a significant amount of interest, as can be expected from a pharmacy in the North West of England. There was a highly competitive bidding process with us receiving six offers in excess of the guide price, ranging from first-time buyers through to existing operators. I am delighted to confirm the sale to Vishaal and Ahmad and have no doubt they will be successful in this new venture.”
Rightdose 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
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