30-hour Consett pharmacy sold to locum Pharmacist
Specialist business property adviser, Christie & Co, has announced the sale of Moorside Pharmacy in Consett, County Durham.
Moorside Pharmacy is a 30-hour community pharmacy that dispenses an average of 3,200 NHS items per month. It shares a building with a small GP surgery in Moorside, 1.5 miles west of Consett in County Durham, on the eastern tip of the Pennines near the boundary of Northumberland.
It has been owned by Rachel Hurst since 1995 and was brought to market to allow her to downsize her operation and concentrate on her busier pharmacies – one in Consett and two in Crook, County Durham.
Following a confidential sales process with Karl Clezy at Christie & Co, and with funding sourced through Craig Dickson at Christie Finance, the pharmacy has been purchased by locum Pharmacist, Monju Miah. He plans to run Moorside Pharmacy on a hands-on basis and promote additional services that will benefit the local population.
Karl Clezy, Director – Pharmacy at Christie & Co, comments, “Moorside Pharmacy mainly attracted interest from first-time buyers as it was priced at the more affordable end of the scale and presented an ideal opportunity for someone looking for more of a lifestyle business as it is only open 30 hours per week. Although limited trading hours, the pharmacy will still perform well as a business, benefiting from its location inside the surgery building.”
Craig Dickson, Director at Christie Finance, comments, “Monju is hugely experienced in the pharmacy sector. He will be very much hands-on within the pharmacy and is looking forward to forging closer links with the local community. Monju had been looking for a pharmacy for some time and views Moorside as an ideal opportunity to increase item numbers and services going forward.
“We continue to have great success in arranging funding within the pharmacy sector for both first-time buyers and experienced operators alike.”
Moorside Pharmacy was sold for an undisclosed price.
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For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
P: 07540 063 598 or E: phoebe.burrows@christie.com
Contact the agent:
Karl Clezy, Director – Pharmacy
P: 07885 813 160 or E: karl.clezy@christie.com
Contact Christie Finance:
Craig Dickson, Director
P: 07713 061 621 or E: craig.dickson@christiefinance.com
Visit Christie & Co’s Business Search page to find out more about current medical listings.
