9/14/2016 | Dental Practices

Christie & Co sells Scottish dental practice to private owner

Bankton Dental Practice in Livingston, Scotland has been sold by specialist business property adviser, Christie & Co.

The purpose-built three surgery dental practice was sold in excess of its £530,000 asking price on behalf of owners Nasrin and Omid Mowlawi. The practice, generating an even mix of NHS and private income totalling c.£495,000, was on the market for two weeks while multiple offers were received and a deal quickly agreed.

Paul Graham, Associate Director at Christie & Co’s Edinburgh office who brokered the sale, comments, “This practice sale, like many in Scotland, attracted multiple interest and offers from both first-time buyers and existing operators alike.

“The sale price achieved also reinforces the strength of the market at present and we expect high levels of demand to continue throughout the rest of 2016.”

Vendors Nasrin and Omid Mowlawi comment, “We were amazed by how Christie & Co had generated such a good reputation in the dental market after a relatively short period of time. However, after we met with Paul, we quickly realised that he was the reason for this success. He put our interest first and we could have never dreamed of the level of expertise and support we had from him.

“You’ve made a stressful process a relaxing and enjoyable experience. We both believe that you are the recipe for success.”

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