Local couple buys established corporate Kent pharmacy
Specialist business property adviser, Christie & Co, has announced the sale of Swanley Pharmacy in Kent.
Business. Built around You.
Your expert business property advisers
Swanley Pharmacy is a standard-hours community pharmacy that dispenses an average of 10,000 items per month. It is located in Swanley Shopping Centre in the heart of the Kent town of Swanley.
The pharmacy has been owned by Allcures Plc since 2015 and was brought to market as part of a strategic divestment.
Following a confidential sales process with Mark Page at Christie & Co, it has been sold to husband-and-wife team, Ashish and Devi Patel. While they already own a part-share in another pharmacy in South London, this is their first solo pharmacy purchase. The pair plans to improve the business’s services offering and increase the over-the-counter products available.
Mark Page, Director – Pharmacy at Christie & Co, comments, “The sale of this busy community pharmacy demonstrates the demand from the independent market for corporate disposals. We received multiple offers for this volume pharmacy, which saw increased item numbers due to the recent closure of the neighbouring Boots Chemist in 2023. Mr and Mrs Patel are buying this growing pharmacy at an ideal time, and I’m sure they will add their personal touch. I wish them all the very best in their new venture.”
Swanley 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 Christie & Co’s Business Search page to find out more about current medical listings.