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David McEwan advised a West Yorkshire dental practice on its sale to an expanding regional operator, with funding secured through specialist commercial finance brokerage Christie Finance.
Established 75 years ago, A One Dental Care has been in its current location for more than 50 years.
The practice is located in a mixed commercial and residential area on the edge of Bradford city centre and occupies the first floor of a detached property with three fully fitted surgeries.
A One Dental Care was sold by property consultancy Christie & Co off a guide price of £1.15m for the leasehold interest.
Jovo Ljustina, principal of the practice, acquired it in 1995 and has now sold it to Natwar Tibrewal, who owns and operates Bridge House and Corner House Dental Practices.
Jawad Anjum, associate director at Christie Finance, secured funding for the new owner. He said: "Natwar is extremely commercially minded, equipped with over 20 years' experience working as a dentist. A One Dental will fit perfectly into Natwar's existing portfolio of practices, especially with it only being a 20-minute commute from where he lives."
If you are looking to buy or sell your dental practice, call David on 01274 306 000 who will be happy to advise you.