Rayner & Horscraft Dental Surgery in the town of Wath-upon-Dearne near Rotherham has been sold through specialist business property adviser Christie & Co for £675k.
A first-time buyer has acquired the business, which has been operating for over 70 years. Comprising two surgeries, the NHS practice also benefits from an unopposed trading position in the area.
The new owner and Principal Amir Arif is based in South Yorkshire and decided to acquire Rayner & Horscraft as his first business in the sector. He said: “I am delighted with the purchase, it is such a lovely practice to work in. I am now looking to refurbish the building and maintain the good reputation built up over the years.”
Jonathan Watson, Associate Director – Medical at Christie & Co handled the sale and said: “This is yet another example of the continued appetite for profitable NHS practices in the North of England. Whilst some operators in South Yorkshire have faced challenges with recruitment, others have seen it as an ideal time to acquire dental practices. We generated multiple viewings and offers for this practice which shows the strength of the market right now.”