Gorebridge NHS dental practice sold to first-time buyers
Specialist business property adviser, Christie & Co, has announced the sale of The Family Dental Practice in Gorebridge, Midlothian.
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Established in 1996 by Dr Rahail Chohan, The Family Dental Practice is a three-surgery NHS dental practice that has steadily grown over the years to now attract patients from across Midlothian, the Scottish Borders, and beyond. Dr Chohan decided to sell to allow him to retire.
Following a confidential sales process with Joel Mannix at Christie & Co, it has been purchased by first-time buyer cousins, Surya Somasundaram and Dr Usha Devi Vijaya Kumar.
Dr Rahail Chohan, founder of The Family Dental Practice, comments, “I established Family Dental Practice in 1996 from a squat. Since then, the practice has grown solely through word of mouth and now attracts patients from across Midlothian, the Scottish Borders, and beyond. I decided to put the practice on the market as I was looking to retire and wanted to leave my practice in the hands of capable dentists to continue its legacy. I wish the new owners all the best.”
Surya Somasundaram, the new owner of The Family Dental Practice, comments, “My journey into practice ownership has been both challenging and rewarding. Coming from an IT background and having faced redundancy, I was looking for a new venture after selling my restaurant. This led me to invest in the dental sector with my cousin, where I see great potential for growth and innovation. I plan to recruit a dental therapist to utilise the third surgery, and we have a full refurbishment scheduled for next year. I’m excited to introduce modern technology into the practice, transitioning from a paper-based system, and launching a new re-brand with state-of-the-art equipment.”
Joel Mannix, Head of Dental at Christie & Co, comments, “I’ve known Rahail for many years, and we were initially looking to sell his practice towards the end of 2019. However, the pandemic put the sale on hold. Then at the beginning of this year, Rahail decided to put his practice on the market. The buyers were incredibly enthusiastic about this opportunity, seeing it as a fantastic chance to elevate the practice to the next level. As first-time buyers, they are eager to implement their own vision. I am confident they will succeed in building upon the wonderful practice that Rahail has created, and I would like to extend my thanks to everyone involved in making this deal happen.”
Legal advice was provided by Nicholas Howie Lindsays and Kim Campbell at Thorntons.
The Family Dental Practice 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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