Queens Park Pharmacy in Bournemouth, Dorset, has been acquired by Peter Boakye, who also owns Lynton Pharmacy in Devon, for an undisclosed price.
Queens Park Pharmacy is a standard hours community pharmacy that dispenses an average of 12,700 items per month. Rajesh Kerai had owned the pharmacy for more than 22 years and decided to sell due to a desire to spend some more time with his family.
Specialist business property adviser Christie & Co facilitated the deal.
Kerai commented: “Christie & Co was able to introduce a number of potential buyers with greatly different plans for the business. With their help and advice, we were able to choose a buyer who shared my vision for the future of the pharmacy.”