Specialist business property advisor, Christie & Co, has announced the sale of Maryhill Dental in Glasgow.
Maryhill Dental is a four-surgery NHS dental practice that has been successfully serving the community of Maryhill in Glasgow for over 50 years. It currently has over 3,500 patients and has always held the highest professional standards and a focus on health and excellent patient care.
The practice has been owned by Mrs. Kristen Perry since 2015, in which time she has continued to make improvements and upgrades to ensure and maintain best practice. She recently decided to sell to focus on other non-ownership responsibilities.
Following a sales process with Christie & Co, Maryhill Dental has been sold to first-time buyer, Dr Utkantha Sharma.
Joel Mannix, Associate Director – Medical at Christie & Co, who handled the sale, comments, “I’m really pleased to have sold this practice for Kristen, who was great to work with! She was open to many different sale options which allowed me to open the practice up to the market on a flexible basis which attracted a range of buyers meaning there was more coemption. After huge buyer interest, Maryhill Dental went to a closing date with lots of quality candidates, allowing the vendor the freedom to choose a buyer who best suited the business’s ethos. The practice sold to Dr Sharma in excess of the asking with premium post-sale conditions.
“We’re seeing huge buyer demand in Glasgow at present, especially from first-time buyers, which banks are increasingly seeing the benefit of lending to in this needs-driven sector.”
The dental practice was sold for an undisclosed price.