Worcester pharmacy sold to Lincolnshire operator
A pharmacy in Worcester, which dispenses an average of 12,000 items per month, has been sold freehold for an undisclosed price, property adviser Christie & Co has revealed.
D L Ogle is a community pharmacy and was bought by brothers Ali and Mohammed Talib, Tapiwa Masamha and Chikondi Mlia.
They also own Gohil’s Pharmacy and Whistlers Pharmacy in Lincolnshire, the latter also being sold by Christie & Co.
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D L Ogle has been owned by David Ogle and his family for more than 30 years and was brought to market last year to enable family members to either retire or pursue different business interests, said Christie & Co.
Carl Steer, director - pharmacy at Christie & Co, said: "The sale was confidentially marketed but, within just a few days, interest was achieved from multiple parties, and we were able to present our client with an acceptable offer - this was a truly remarkable achievement but one that the long-standing business deserved.
"The buyers own two sizeable pharmacies in the East Midlands and now add this well-performing profitable pharmacy to their portfolio. It was a pleasure to deal with everyone on the deal."
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