New owners for Shipston-on-Stour’s only private dental practice

New owners for Shipston-on-Stour’s only private dental practice
News

Specialist business property adviser, Christie & Co, has announced the sale of Shipston Dental Practice in Warwickshire.

Shipston Dental Practice is a well-established private dental practice located in the Warwickshire town of Shipston-on-Stour. It has been owned by Dr Ian and Dr Carrie Preston since 1996, in which time they have grown the business into a leading private practice offering high-quality dental treatments to the local area.  

Following a confidential sales process, it has been sold to Mr Jonathan Toh of Envisage Dental.

Dr Ian Preston comments, “We made the deliberate decision to sell Shipston Dental Practice at a point in our careers when we still had the energy and enthusiasm to fully support the transition process for our patients and staff as well as the new owners. We are, therefore, extremely happy to have been introduced to Envisage by Christie & Co, as their vision for the future of our practice is so instep with our own; we have every confidence that this is going to make working together over the coming years both exciting and rewarding.”

Mr Jon Toh, Head of Acquisitions at Envisage, comments, “We are so proud to welcome Carrie and Ian and the whole Shipston Dental team to the Envisage family. Their approach of delivering high-quality, generational dentistry resonates strongly with our own values, making them a perfect fit for our unique model where individual identity is truly celebrated.”

Tom Morley, Senior Business Agent at Christie & Co, who handled the sale, comments, “It was a pleasure to act for Ian and Carrie Preston in their sale of Shipston Dental, a beautiful practice in a picturesque town. Ian and Carrie decided to proceed with Envisage as they are offering a truly collaborative way of working with sellers post-sale. Congratulations to all involved.

“The dental market in this area remains strong, with multiple options for practice owners planning their exit. This sale further demonstrates the great appetite from group purchasers for quality private practices.”

Shipston 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.