Specialist business property adviser, Christie & Co, has sold D L Ogle Pharmacy in Worcester to a Lincolnshire operator.
D L Ogle is a standard hours community pharmacy that dispenses an average of 12,000 items per month and is located in the Worcester city suburb of St Johns.
The business has been owned by David Ogle and his family for more than 30 years and was brought to market in 2023 to enable family members to either retire or pursue different business interests.
Following a confidential sales process with Carl Steer at Christie & Co, it has been purchased by brothers Ali and Mohammed Talib, Tapiwa Masamha and Chikondi Mlia, who also own Gohil’s Pharmacy and Whistlers Pharmacy in Lincolnshire, the latter also being sold by Christie & Co.
Carl Steer, director – Pharmacy at Christie & Co, says: “The sale was confidentially marketed but, within just a few days, interest was achieved from multiple parties, and we were able to present our client with an acceptable offer – this was a truly remarkable achievement but one that the long-standing business deserved.
“The buyers own two sizeable pharmacies in the East Midlands and now add this well-performing profitable pharmacy to their portfolio. It was a pleasure to deal with everyone on the deal.”
D L Ogle Pharmacy was sold freehold for an undisclosed price.
