Specialist business property adviser, Christie & Co, has announced the sale of Sharoe Green Dental Practice in Fulwood, Lancashire.
Established in the 1970s, Sharoe Green Dental Practice is a reputable four-surgery private dental practice which provides high-quality family dentistry, as well as implants, Invisalign, and endodontics. It occupies a modern first floor unit in a busy shopping centre in Fulwood, Lancashire, approximately two miles north of Preston city centre.
After being under the same ownership since 2001, the practice was brought to market to facilitate the owners’ retirement. Following a competitive sales process, with significant interest received from a great number of operators, it has been purchased by Portman Dental Care which now owns more than 200 practices.
Gary Chapman, Director of Mergers & Acquisitions at Portman Dental Care, comments, “We are pleased to be acquiring Sharoe Green Dental Practice in Lancashire. Reputationally known for having built a popular and successful operation over the last 20 years, our main attraction was their core ethos fitting perfectly with Portman’s; treating patients as we would want to be treated. Although Portman Dental Care now owns over 200 practices, it is still our focus to ensure that each practice retains their fantastic individuality. We are impressed that Sharoe Green already has four fully private surgeries, and we are delighted that our ambition to continue to grow the practice is shared, serving the local community of Preston with longer opening hours, more staff, and possibly some practice expansion.”
Jonathan Watson, Director – Medical at Christie & Co who handled the sale, comments, “The previous owners worked tirelessly through the pandemic to report a record year, despite the clear operational challenges that private practice owners faced, including having to close for three months! I am delighted that they have achieved a fantastic result to reward their tremendous efforts. The sale of Sharoe Green is the latest example of the significant demand across the market for reputable private practices.”
Sharoe Green Dental Practice was sold for an undisclosed price.