Castle House Dental Practice in Inverness sold to Scottish Dental Care

Castle House Dental Practice in Inverness sold to Scottish Dental Care
News

Specialist business property adviser, Christie & Co, has announced the sale of Castle House Dental Practice in Inverness.

Castle House is a fully private practice located in Fairways Business Park, Inverness, on the edge of the city.  Purchased by previous owners, Kevin and Anita Leeming, in 1996 the two-surgery practice was expanded to three surgeries in 1999 before being relocated to a new five-surgery facility in 2006. It was then further extended 10 years later to accommodate an impressive seven surgeries.

Following a confidential sales process, has been sold to Scottish Dental Care (SDC).

The practice was brought to market in order that Kevin and Anita could continue in their roles while passing over responsibility for much of the operational aspects to SDC, allowing them to focus solely on clinical matters and patient care. 

Kevin Leeming comments, “We knew from the start that we needed a purchaser who would continue the development of the practice and be willing to invest in the team. We are proud of what we have achieved but know it can progress further. From our discussions with interested parties, we felt Scottish Dental Care matched perfectly.”

Speaking on behalf of Scottish Dental Care, Director of Dentistry, Philip Friel, comments, “This is a superb acquisition to our group of clinics. It was our biggest clinic purchase at the time, and it was clear from the outset that the ambitions of the vendors aligned perfectly with our own as we aim to grow what has been their efforts of a great many years. Both Kevin and Anita are very much a part of the future plans of the clinic, and we are delighted to have them as part of our teams.”

Joel Mannix, Senior Business Agent – Dental at Christie & Co, who handled the sale, comments, “I couldn’t be more pleased with the result of this sale. Following a highly confidential marketing process, we secured a fantastic deal with SDC that met all the requirements Kevin and Anita had visualised when we planned their ideal exit together, demonstrating the advantages that a competitive process offers. I wish all parties the best of luck for the future and I’m confident SDC will continue to enhance the wonderful reputation that Castle House Dental Practice has built in the Inverness area.”

Castle House Dental Practice was sold for an undisclosed price.

Christie & Co

About Christie & Co

Head of Valuation – Medical Chris joined Christie & Co in 2008 and was appointed Director in 2010. Chris has overall responsibility for valuation work undertaken across our medical business with particular expertise in the GP, pharmacy and dental sectors. With a client base of leading corporate and independent operators together with key banks and lending institutions, Chris has been integrally involved in all of Christie & Co’s major medical advisory instructions since joining the business and is frequently invited to speak at industry events and conferences. Chris also attained his FRICS status in 2016 emphasising his expertise within the sector and industry.