Solicitors celebrate busy year with large scale pharmacy sales project

The Pickford Solicitors corporate team say they are known for being health care specialists, having assisted customers all over England and Wales with Nursery, Care Home, Pharmacy, Domiciliary Care Agency and Dental transactions. 

The main areas that kept them busy over the last few years were people buying and selling children’s nursery settings and care homes.

However, this changed late in 2022 as Lloyds Pharmacy Group announced they would be selling all of their pharmacy branches. 

As pharmacy experts, they saw huge demand from buyers all over the UK including County Durham in the North, Hampshire in the South, Wales in the West and Lincolnshire in the East. 

Their buyers included existing customers, referrals from Hutchings Pharmacy Brokers and word of mouth referrals from other pharmacists.

Pickford Solicitors have been involved in over one hundred purchases including acting for first time buyers and existing, and developing, small regional pharmacy chains.

As the Lloyds transactions reached a peak, Jas on the corporate side and Arti dealing with property aspects, continued to work on purchases and sales in transactions not involving the big pharmacy chains and also purchases from Rowlands and Boots.

Their new cohort of talented trainees were involved as project managers to coordinate between buyers and sellers, between the corporate department and the commercial property team and between borrowers and their lenders. This has been both a challenge and an opportunity for Aisha and Lauren who are due to qualify in 2024 and 2025 respectively.

Jas, Arti, Aisha and Lauren have through the Lloyds transactions significantly extended the firm’s network of pharmacy sector clients and are now turning to post completion refinancings, lease extensions and group reorganisations.

Cheltenham Pharmacy, West Midlands, said: “Aisha was excellent throughout the whole process alongside her team Arti and Jas. Raising red flags early, coming up with creative solutions, all work conducted in a timely manner in readiness for exchange and completion. Always pleasant, responding to emails extremely quickly and answering phone calls immediately. An absolutely fantastic all round service end to end. All work done to the highest standard and contact points at the perfect times. We are looking forward to our long-term relationship with all the team at Pickford’s. Pharmacy Industry specialists!”

Earls Barton Pharmacy, Northamptonshire, said: “Brilliant service from Jas, Arti and Aisha. From the initial query to timely answers and replies to emails, the whole transaction was handled really smoothly. Well done to the team and thank you!”

Windwood Chemist, London, said: “We have had the pleasure of working with Jas and his team on our first Pharmacy transaction. We cannot thank Nisha and Diana enough as both dealt with all matters professionally, responded to all communication promptly, they were always available to provide guidance and feedback where needed. They supported us all the way through our purchase. I would definitely recommend Pickford’s Solicitors”.

Rahul Taneja, Wales, said: “We have just completed a pharmacy sale with Pickford. I can’t thank Lauren Thornton enough she worked very hard to ensure completion was done on time communicating throughout.”

Pictured (L-R): Aisha Ul-Hag, Arti Dhall, Jas Singh and Lauren Thornton