Glasgow pharmacy bought to M&D Inexperienced allotting chemists

Specialist enterprise property adviser, Christie & Co, has introduced the sale of Stepps Pharmacy in North Lanarkshire.

Stepps Pharmacy is a long-standing unopposed pharmacy positioned in a particular former Royal Financial institution of Scotland constructing within the city of Stepps, North Lanarkshire.

The enterprise was owned by Ron Badger who lives in Glasgow and beforehand owned pharmacies in central and east Scotland. He determined to promote to take a look at different pharmacy alternatives.

Picture provided with launch by Christie & Co

Following a confidential gross sales course of, the enterprise has been bought to massive Scottish group operator, M&D Inexperienced Allotting Chemists, which now has over 30 branches within the nation.

Badger stated: “I’m delighted to move the enterprise over to the M & D Inexperienced pharmacy group, leaving it in secure fingers for the longer term.”

Martin Inexperienced, Managing Director at M&D Inexperienced Allotting Chemists, stated: “Stepps Pharmacy is a well-established enterprise which continues to show regular development. Since its relocation, it has been effectively units up by Ron and advantages from an skilled and dedicated workforce. It’s geographically effectively positioned, extending our protection additional in North Lanarkshire, and we stay up for working with Stuart, the pharmacy supervisor, and his employees, within the years to come back.”

Karl Clezy, Director – Medical at Christie & Co, who dealt with the sale, stated: “This was a fast sale course of the place we spoke with a handful of operators who we knew can be eager on this chance. After solely a few weeks, we obtained three presents from skilled operators primarily based within the west of Scotland.

“Our consumer, Mr Badger, acquired the pharmacy via us 18 months earlier and relocated it to the larger former financial institution premises. He grew the enterprise considerably, helped by putting in a allotting robotic and a 24/7 assortment level on the skin to assist make it extra handy for sufferers to select up their prescriptions.”

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Stepps Pharmacy was bought for an undisclosed value.