Derbyshire's Wilsons Pharmacy sold to new owner in Christie & Co deal

What's the deal? Wilsons PharmacyDealroom has a profile for this one. Try Dealroom →, a community pharmacy in Oakwood, Derbyshire, has been sold to Arun Gande of Arks Dispensary Ltd in a deal brokered by business property adviser Christie & CoDealroom has a profile for this one. Try Dealroom →. Gande has relocated from Wiltshire to take on the business. Terms were not disclosed.

What does the business do? The pharmacy dispenses an average of 11,600 items per month and offers a 24/7 automated prescription collection point. It operates from a ground-floor leasehold unit on the Oakwood housing estate outside Derby.

Why now? Wilsons was one of six independently owned pharmacies run by B J Wilson LtdDealroom has a profile for this one. Try Dealroom → across Derbyshire. The group was brought to market as part of its owners' retirement plans, with each branch available to buy separately.

What changes? The sale followed a process led by Carl Steer, director of pharmacy at Christie & Co. "Wilsons has long carried a superb reputation in the communities it operates from and so it was no surprise that we received a lot of interest from prospective buyers," Steer said.

The signal: Steer noted the branch drew multiple offers, which he said "further shows the strength of the pharmacy sales market." The split-branch sale points to steady buyer demand for independent community pharmacies as retiring owners exit.

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