The pharmacy team at Ansons in Staffordshire has had a strong start to 2017 with the completion of nine pharmacy deals in February and March with an aggregate value in excess of £13 million. Transactions included purchases, disposals, refinances and a relocation and were based throughout the UK, with a large number in the Midlands, South East and South West of England. This volume of transactions reinforces a strong transactional pharmacy market, which is a trend thought by Ansons and others, including leading agents, to be likely to continue throughout 2017.
Jamie Gill, associate solicitor in the pharmacy team, said that ‘despite the looming NHS funding cuts, the market remains strong, particularly with smaller groups looking to grow their portfolio. Many sellers are still receiving offers above their asking price.’
Ansons is a leading pharmacy sector specialist with a team of experienced pharmacy solicitors covering the corporate, commercial property and employment aspects of any transaction. Whether you are buying or selling a pharmacy, or looking to re-finance or relocate your pharmacy business, the pharmacy lawyers at Ansons fully understand the commercial challenges of the market and continue to act for owners and operators of pharmacies throughout the UK.
For more information please contact Neil Jones on 01543 431184 or email@example.com, or Jamie Gill on 01543 431185 or firstname.lastname@example.org. Ansons Solicitors has offices in Cannock and Lichfield, and Sutton Coldfield by appointment only.
This article is for general information purposes only and does not constitute legal or professional advice. It should not be used as a substitute for legal advice relating to your particular circumstances. Please note that the law may have changed since the date this article was published.