Specialist business property adviser, Christie & Co, has announced the sale of Gargrave Dental Practice in the North Yorkshire village of Gargrave.
Established in 1990, Gargrave Dental Practice is a mixed-income practice with one fitted surgery and potential to add a second. It enjoys a prominent position in the heart of the village of Gargrave, approximately four miles north west of Skipton and roughly 20 miles north west of Bradford.
The business was acquired by Dr David Jackson in 1990 and was recently brought to market to allow him to pursue a well-earned retirement.
Following a confidential sales process, Gargrave Dental Practice has been purchased by husband-and-wife team, Raj and Gabby Khela.
Gabby has been an Associate for over five years and has also worked in emergency care dentistry, and Raj is a qualified Barrister turned property investor/developer. Gabby will focus on the dentistry functions of Gargrave Dental Practice, whilst Raj will take care of other matters including HR, regulatory work, and property related matters. The pair are “looking to upgrade and modernise the practice with the implementation of a new IT system, card payments and the addition of a second surgery to provide DDA compliant access.” Additionally, they are “currently undergoing a phased revamp including new decor, flooring throughout, LED lighting and upstairs full surgery refurbishment.”
Dr Jackson comments, “I’ve owned the practice since 1990. The patient base was tiny when I got it but this rapidly increased and I’m proud of the practice it has grown into. I’m really pleased to have sold the practice to Gabby and Raj and hope that they continue the dental business that I’ve grown over the years.”
Olivia Allison, Senior Business Agent – Medical at Christie & Co, who handled the sale, comments, “I’m so pleased to have helped David with the sale the practice, it’s a such a great business and situated in a really lovely village. There is huge potential to grow this practice, and I have no doubt that it will be taken to its full potential by the very capable hands of Gabby and Raj Khela.
“Gargrave could be described as a slightly more rural village and the sale of Gargrave Dental Practice shows that there is demand for both rural and city location practices.”
Gargrave Dental Practice was sold for an undisclosed price.