Specialist business property adviser, Christie & Co, has sold Delapre Pharmacy and Far Cotton Pharmacy in Northampton.
Delapre Pharmacy and Far Cotton Pharmacy are a pair of standard-hour community and health centre pharmacies that dispense a combined average of 17,500 items each month. They are located in Northampton, less than one mile apart on Gloucester Avenue and Delapre Crescent Road respectively.
The branches were previously owned by Vyas Limited for over 10 years and were brought to market to enable semi-retirement.
Following a confidential off-market sales process with Carl Steer at Christie & Co, and with funding sourced through David Ward at Christie Finance, they have been sold to Sagar Shah, who is now the proud owner of three pharmacies all bought through and funded through Christie & Co and Christie Finance.
Carl Steer, Director – Pharmacy at Christie & Co, said: “Not many first-time buyers find their ideal pharmacy close to home, but we were pleased to help Sagar achieve this 18 months ago, so to be able to help him add two more in his local area is pleasing.
“Delapre and Far Cotton pharmacies were sold off-market and offered to just a handful of likely suitors. The guide price was achieved.
“Year-on-year, not many pharmacies come to market in Northamptonshire, so it was pleasing to complete two more this year after two last year. There are many Pharmacists seeking a pharmacy business across the wider county, and we expect this strong appetite to continue in 2025.”
Delapre Pharmacy and Far Cotton Pharmacy were sold for an undisclosed price.
