North Yorkshire village pharmacy sold to first-time buyer
Specialist business property adviser, Christie & Co, has announced the sale of Skelton Pharmacy in Saltburn-by-the-Sea, North Yorkshire.
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Skelton Pharmacy is a well-performing community pharmacy that dispenses an average of circa 8,500 NHS items per month. It is located in the town centre of Skelton-in-Cleveland in Saltburn-by-the-Sea, only a five-minute walk from the local health centre.
The pharmacy has been owned by group operator, Zulfiqar Rafiq, for the past 11 years, when it was mainly run by locum Pharmacists. The business was brought to market to allow him to focus on his three other pharmacies in Middlesbrough.
Following a confidential sales process with Karl Clezy at Christie & Co, the pharmacy has been purchased by a local first-time buyer who will run it as the owner-Pharmacist.
Zulfiqar Rafiq, former owner of Skelton Pharmacy, comments, “I wish the new owner all the best, he is buying a thriving and growing business with excellent staff and loyal patient base.”
The new owner of Skelton Pharmacy, comments, “I’m really looking forward to embarking on a new, exciting journey and to what the future holds.”
Karl Clezy, Director – Pharmacy at Christie & Co, comments, “This pharmacy mainly attracted interest from first-time buyers in the north east area. At this affordable price level, there is still a significant amount of active buyers interested in acquiring their first pharmacy. We placed the pharmacy on the market in the middle of February this year and we successfully agreed a deal after the first week in March.”
Skelton 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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