Christie & Co sells Merseyside-based Alders Dental Practice
Specialist business property adviser, Christie & Co, has announced the sale of The Alders Dental Practice in Merseyside. Funding for the sale was sourced through commercial finance specialist, Christie Finance.
Established in 1958, The Alders Dental Practice is a four-surgery, mixed income dental practice previously run by its principal and four associates. The business occupies the ground and first floors of an attractive extended detached property in Newton-le-Willows, Merseyside, and enjoys a prominent position within the town.
The practice has been owned by Dr Duncan Caldwell since 2008 and has been purchased by two of its associates, Dr Julie Kerfoot and Dr Louise Rahil.
Dr Caldwell said: “I acquired the business in 2008 after working at the practice as an associate since 1989. After redeveloping the property and extending and expanding it from three to four surgeries, I decided the time was right to sell to the right buyer.
“Selling of the practice to two of my associates, Julie and Louise, proved the perfect solution, allowing me to carry on working alongside people I know and respect, and whom I know will continue to uphold the high values and principles of The Alders Dental Practice.”
Olivia Allison, Business Agent at Christie & Co, and Jonathan Watson, Director at Christie & Co, handled the sale. Olivia added: “The Alders Dental Practice instantly attracted a lot of interest on the open market from a range of buyer types.
“In the end, the practice was sold to two of the practice associates, providing a perfect transition for both staff and patients. It is another great result achieved by running a structured process in the current competitive market.”