Community pharmacy in idyllic Devon coastal village for sale
Specialist business property adviser, Christie & Co, has been instructed to sell Barton Pharmacy in Woolacombe, Devon.
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Barton Pharmacy is a community pharmacy dispensing an average of 2,440 items per month. It lies completely unopposed in the highly desirable North Devon coastal village of Woolacombe, in an Area of Outstanding Natural Beauty, and is an ever-popular holiday destination which boasts Beach of the Year 2021 as voted for by The Sunday Times.
This sale comes with the opportunity to expand the pharmacy’s delivery, care home, and private services, and would suit a buyer looking for a lifestyle change.
The business has been owned by Mr Osman Hamid for the last six years and has been brought to market to allow him to concentrate on other business interests.
Osman Hamid comments, “Barton Pharmacy is a unique and special business. It is fully backed and supported by the NHS with an indefinite agreement in receiving £80,000 per annum, it delivers very strong OTC income, and the footfall with ever-growing tourists who visit the area help it to excel in every shape and form. The pharmacy is located in the heart of Woolacombe which is growing in popularity year-on-year thanks to its award-winning sandy beach, which is just a minutes’ walk away from the pharmacy. With the freehold for sale, and the spectacular two-bed holiday-let apartment above, which is the closest apartment to the beach and has stunning sea views, Barton Pharmacy really stands out from the rest.”
Jonathan Board, Director – Medical at Christie & Co, who is handling the sale, comments, “The opportunity to live and work in one of the best locations in the South West does not come around very often, so I am delighted to be able to offer this business for sale again having sold it to Osman previously. The added benefit this time around, however, is that the freehold of the building, which includes a two-bedroom apartment above, is also available by separate negotiation.”
Barton Pharmacy is on the market with a leasehold asking price of £350,000.
For more information on this opportunity, visit: https://www.christie.com/3226829
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:
Jonathan Board, Director – Medical
P: 07775 807 071 or E: jonathan.board@christie.com
Visit Christie & Co’s Business Search page to find out more about current medical listings.