CLARKE WILLMOTT ASSISTS ON POPULAR STOCKPORT DENTAL SURGERY SALE
NewsPosted by: Dental Design 30th September 2019
Manchester’s Clarke Willmott LLP has completed on the sale of a popular dental surgery in Stockport, Greater Manchester.
128 Dental Care, who have been serving patients in the town for more than 50 years, has been owned and operated for the past 15 years by dental practitioner Helen Lupson.
Helen Wong, MBE, partner in Clarke Willmott’s corporate team, who specialise in the dental sector, acted on behalf of the vendor. Jonathan Watson of Christie & Co brokered the transaction.
The practice was purchased by Nadeem Mohammad and Afaq Mahmood, experienced dental operators with a practice in North Manchester.
Said Helen Wong: “It is always a pleasure to assist with dental transactions. It really is a collaborative approach; Christie’s were instrumental in the negotiation process and financial elements of the deal.
“We wish Helen all the best and thank her for appointing us as her solicitors for the sale of the practice.”
The surgery, which is close to Stockport School and Stockport Grammar School, operates from converted residential premises with surgeries situated on the first floor.
128 Dental Care is Nadeem and Afaq’s second practice and they are looking to expand and acquire further practices across Greater Manchester.
Said Nadeem: “Throughout the sale we received excellent service and support from a team of professionals who fully understand the process of buying a dental practice.”
Helen Lupson sold the business to spend more time with her family.
“It’s been a great pleasure to own the practice for the last 15 years. I wish the purchasers all the success I’ve enjoyed.
“I chose Helen Wong to advise me because of her expertise and fixed fees. I found Helen and her team to be responsive, pragmatic and of great assistance.
“They also stuck to their fixed fee quote and were a pleasure to work with.”
Jonathan Watson, director at Christie & Co, said there is no let-up in demand for well-located mixed practices such as 128 Dental Care.
He said: “We were able to generate multiple offers for our client, from which she was able to select her preferred buyer to carry on her legacy.
Clarke Willmott LLP is a national law firm with seven offices across the country including Manchester.
For more information email helen.wong@clarkewillmott.com or follow her on LinkedIn for up-to-date reports in the healthcare industry.
