Only dental practice in North Ayrshire village sold

Only dental practice in North Ayrshire village sold
News

Specialist business property adviser, Christie & Co, has announced the sale of Storm Dental in North Ayrshire.

Established in August 2014, Storm Dental is a mixed-income, single-surgery dental practice. It lies completely unopposed in the heart of the North Ayrshire village of Dreghorn, 3.5 kilometres to the east of Irvine town centre, on the old main road from Irvine to Kilmarnock.

The business was previously owned by Dr Iain Storm who decided to sell to pursue retirement. It has been purchased by a large Scottish dental group.

Dr Iain Storm comments, “We were very happy with the outcome of the sale and are confident that the practice will continue to flourish under the new owners and existing staff.”

Joel Mannix, Senior Business Agent – Dental at Christie & Co, who handled the sale, comments, “Storm Dental was launched to the market just before the initial lockdown and, after navigating through that, we were able to uncover a buyer who could not only see the potential but was also able to recognise the unique functions that the practice offers – as well as being the only practice in the village, it offers RA gas sedation. I am very happy for Iain and his wife Gillian and wish them a very happy retirement.”

Storm Dental 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.