pharmacies
pharmacies

Legal expertise for the pharmacy sector

Multi-disciplinary team at hand to provide specialist advice

Pragmatic legal advice when you are buying, selling, setting up or running a pharmacy business

Whether you are just starting out or are an established operator, our multi-disciplinary team is at hand to provide specialist advice. We specialise in buying and selling pharmacies but we also assist with the legalities of setting up and running pharmacy businesses. Our particular strengths lie in advising owner-managed pharmacies.

Understanding the complexities of running a pharmacy business

Our team provides a full range of services to pharmacies including sales and acquisitions, finance and re-financing, property including developments, relocations and leases and employment advice.

We have strong relationships with and are recommended many of the banks, accountants and agents in the sector. Our aim is to become part of your professional team, on hand to provide advice when needed. We know that cost is an important consideration when selecting legal advisers. We will work with you to understand your aims and objectives and provide you with price options according to the amount of help and advice you need.

Our services for the pharmacy sector include:

  • Buying pharmacies

    Whether you are a new entrant to the market or an experienced operator, we will work with you to ensure that your purchase runs smoothly and to your timescale. We understand that you may already be working in a pharmacy or running an existing business and will always try to work around your hours when communicating with you.

    We have extensive experienced in the pharmacy purchase process and advise on:

    • Assets and share purchases
    • Property aspect of the purchase
    • Management agreements
  • Selling pharmacies

    When you are looking to dispose of part of a group or are looking ahead to retirement, we will work with you to ensure that your sale runs smoothly and to your timescale. We understand that this is an intensive process that you will need to manage with your staff whilst trying to run a business and we will work with you to ease the pressure as far as possible.

    We provide expert advice on:

    • Preparation for a sale to facilitate a quick and smooth process
      Protection to minimise your risk by ensuring a full disclosure process and negotiating limitations to the contract
      Negotiating property terms whether you wish to sell your freehold outright or you wish to enter into a lease with your buyer
  • Legal advice for internet pharmacies

    We’ll help navigate you through the complexities of selling online when it comes to your registration and NHS contracts; terms and conditions and compliance with with consumer law and pharmaceutical regulation ; and your website.

  • Property advice for pharmacies

    With extensive commercial property experience in the pharmacy sector, we advise on property issues during sales and acquisitions, lease negotiations and re-financing.

Recent success stories

Purchase for first-time entrant of pharmacy in Dorset for c. £700,000

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Purchase for multi-chain operator of pharmacy in Gloucestershire for c. £2m including negotiation of management agreement

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Share sale of a pharmacy in Devon for c.£1.5m to new entrant including negotiation of new lease to the buyer

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Share sale of a pharmacy in Essex for £2m including sale of freehold by shareholders to buyer

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Asset sale of Wiltshire-based pharmacy to national chain for £800,000

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