Taylors Dental Practice in Leicester sold to first-time buyer couple

Taylors Dental Practice in Leicester sold to first-time buyer couple
News

Specialist business property adviser, Christie & Co, has announced the sale of Taylors Dental Practice, a mixed-income, three-surgery practice which sits in a 1923 purpose-built building in the city of Leicester.

The business was brought to market to enable its previous owners to retire after a long career. Following a confidential marketing process, it has been sold to husband-and-wife team, Dr Milan and Dr Krishna Chande. The pair have been Associates for over five years and this is their first dental practice purchase.

Dr Milan Chande comments, “We hope to initially support the practice through the changeover and then renovate and modernise, adding additional capacity in the near future. Expansion of private dentistry and plan based dentistry is a huge opportunity at the practice, and there is also potential to enhance the offering with additional services such as advanced endodontics, facial aesthetics, short-term orthodontics and implants.”

Steve O’Connor, Senior Business Agent at Christie & Co, who handled the sale, comments, “Taylors Dental Practice has been providing dentistry to the local community for almost a century, and I was delighted to have represented the vendors in the sale and wish them and Milan and Krishna the very best. The practice generated significant interest, with an influx of viewings and an impressive 22 offers.

“The dental market across Leicestershire and the wider Midlands area is incredibly sought-after for quality dental practices, with demand far out-weighing supply.”

Taylors 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.