Christie & Co illustrates strong dental market in the South with trio of sales
NewsPosted by: Dental Design 28th June 2023
Specialist business property adviser, Christie & Co, illustrates the strength of the dental market in the South of England with a trio of sales; Centre for Aesthetic Periodontics and Implantology in Tunbridge Wells, Meon Dental Practice in Petersfield, and Fairoaks Dental Surgery in the Surrey village of Lingfield famous for its racecourse.
The Centre for Aesthetic Periodontics and Implantology is a private income business located in the desirable Kent town of Tunbridge Wells. Since it was founded in 2003, it has been run by Dr Pedja Pavlovic who has grown it into the successful multidisciplinary Specialist Referral Centre that it is today. Following strong interest from a number of bidders, Dr Pedja Pavlovic decided to partner with Dentex and will continue at the practice in a clinical capacity.
Meon Dental
Established in 1988, Meon Dental Practice is a fully private dental surgery and facial aesthetics clinic located on the high street of the Hampshire market town of Petersfield. The practice was owned by Dr Ian Hallam since its inception and has been sold to Astradent Group, an expanding corporate operator with a growing presence in the South of England. This part of the market is particularly active with a number of smaller groups buying sites across the South.
The former Fairoaks Dental Surgery in the Surrey village of Lingfield was run by the same Principal for many years until it sadly closed in 2020. Following enormous interest and multiple bids, the business has been purchased by husband-and-wife, first-time buyers, Gary and Alison Satchi, who are restarting operations at Fairoaks.
Tony Walker, Associate Director – Dental at Christie & Co, who handled these sales, comments, “The market continues to be active across all buyer types, as is evident in these three sales. Having proven to be robust during Covid, the dental market in the South of England is showing that again at the moment. Buyers of all types can still secure funding on attractive terms and, most importantly, the appetite to buy remains as strong as ever. Pricing is key and, when presented in the right way to the right audience, a practice will get good interest and offers.”
The practices were sold for undisclosed prices.
