High-dispensing Essex pharmacy sold to group of budding owners
Specialist business property adviser, Christie & Co, has announced the sale of Longfield Pharmacy in Maldon, Essex.
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Longfield Pharmacy is a community pharmacy that dispenses an average of 15,163 items per month, thanks to its dispensing robot. It is ideally located within a busy health centre in the Essex town of Maldon.
The pharmacy has been owned by the small independent multiple owner, Esom’s Ltd, since 2017 and was brought to market to allow its owner, Vijay Mistry, to semi-retire.
Following a confidential sales process with Mark Page at Christie & Co, it has been sold to Pharmazone Ltd which is owned by Tauqir Hassan, Muhammad Munir, Waseem Syed and Shaheryar Alam - a group of friends who own a small growing group in Essex.
Mark Page, Director - Pharmacy at Christie & Co, comments, “This busy health centre pharmacy came with a state-of-the-art dispensing robot which is visible from the pharmacy. A glass panel allows patients to watch as their prescription is plucked off the shelf by the robot arm and dropped into a bag. The new owners are experienced pharmacy operators in the area and will continue to build on the good work done by Vijay and the team already.”
Longfield 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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