Cheshire dental practice, McTooth, sold to first-time buyers
Specialist business property adviser, Christie & Co, has announced the sale of McTooth – The Dental Surgery in Cheshire. Funding for the sale was sourced through Christie Finance.
McTooth – The Dental Surgery is a two-surgery, mixed income dental practice which trades from a two-storey link detached property. The business is located on a busy parade in a prominent residential location in Northwich, Cheshire.
The practice was previously owned by Dr Andrew McCrae and has been purchased by first-time buyers, Mr Mohammed Rafiq and Mr Shahid Alam, who are both qualified in implantology.
Mr Rafiq comments, “We both have vast clinical experience, but this is our very first experience of buying a practice. We have plans for expansion of the practice soon, including the addition of a third surgery on the first floor.”
Olivia Allison, Business Agent at Christie & Co, who handled the sale, comments, “So pleased to have sold The Dental Surgery. The buyers, Mohammed and Shaid, saw great potential in the practice and knew it was the one for them straight away due to the NHS contract the practice holds and the huge potential to grow the private side of the business almost instantly. The demand continues to grow for both NHS and private practices with no signs of slowing down anytime soon.”
Jawad Anjum, Director at Christie Finance, who sourced funding for the sale, comments, “Mohammed and Shahid are hugely experienced dentists with a combined 45 years’ experience in dentistry. It was a delight to deal with them throughout the process. The practice is an excellent acquisition for Mohammed and Shahid, situated in a perfect spot for them to settle and raise their families. I am confident they will be successful in their new venture, and I wish them both the very best for the future.”
McTooth – The Dental Surgery was sold at an undisclosed price.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Olivia Allison, Business Agent
P: 07702 803 356 or E: olivia.allison@christie.com
Contact Christie Finance:
Jawad Anjum, Director
P: 07791 979 719 or E: jawad.anjum@christiefinance.com
