Buying, selling or financing a dental practice? Contact us today on: dentalbrokers@lilyhead.co.uk

March Newsletter

Urgently Sought

We urgently seek practices for waiting clients in the following areas:

Central London – Client seeks surgery to let, ideally Harley Street or close/prestige area with shared reception facilities.  Squat/Leased premises an option
Central London –
surgery sought in Prestige area, minimum 2 surgeries
Harley Street/similar area
– 3,000 sq ft D1 Premises
Surrey (KT, TW, GU Postcodes)
– established Dental Practice sought
Northern Ireland –
Mixed or NHS
Wiltshire/Gloucestershire –
Ortho or NHS
Harley Street, London –
large or small practice
Peterborough, Cambridge areas –
NHS practice, large contract preferable, funding in place, keen to buy, up to £1.3m

Coming Soon

North East – Orthodontic practice
Lincolnshire –
Mixed practice
Worcestershire –
Single mixed practice   
South Coast x 2
– Private, retirement sale
Birmingham – Single handed practice + Hygienist, 100% Practice Plan, fully Priv. + Freehold + Living accom., T/O circa £300,000
Somerset – Mixed DP, 3 surg.

Please call to register your interest

 

North London (Ref: 0603NW/1) *** NEW IN ***

Two surg. family dental practice with 100% FPI private patient income
Room for creation of a third surgery at new owners expense
Leasehold sale
Established since 2004 with the current Principal resident throughout
CQC Registered
Principal selling due to family commitments but willing to remain part time, if required, or vacate post sale
Use of Hypnotherapy services if required, plus various referral services & Hygienist services
Turnover 2012 £329,204

Guide Sale Price £355,000 Goodwill + £40,000 F&F
Total Guide Sale Price £395,000

 

Harley Street (Ref: CWHS1) *** NEW IN ***

Prestigious, established private practice with a recognised brand
Located in large high profile Leasehold premises with substantial expansion opportunities
Turnover in 2012 £1.7m

Please call for further information

Guide Sale Price £2,000,000

 

Harley Street (Ref: CWHS2) *** NEW IN ***

Three surg. private practice
Multiple licence occupation within the Landlord and Tenant Act
Turnover £700,000

Please call for further information

Guide Sale Price £800,000

 

Kent – Squat Dental Practice (Ref: JAK) *** NEW IN ***

Single surg., ground floor
Room to convert further rooms to surgeries
2 x WC’s, waiting room/reception, plumbed/wired
D1 use
High Street location opposite large supermarket
Rent £12,000 per annum

Please call for further information

 

Stockport, Cheshire  *** NEW IN ***

Squat premises, has D1 Licence
Located on main road
Set over 2 floors with large housing estate to the rear
Leasehold

Please call for further information

 Leasehold at £14,000 per annum

 

South East Coastal Town (Ref: GBSC)

Three surg. practice, only two surgeries are for sale
Leasehold or Freehold sale
Attractively kitted out in a very pleasant location
Situated close to Town Centre and within very short walking distance of main rail link to London
Terraced property, which is jointly owned
Rental income of £465 pcm from second surgery, currently one day a week

Guide Sale Price £325,000 Goodwill + £30,000 F&F
Total Guide Sale Price £355,000

Plus Freehold, if required, at Market Value £200,000

Total Guide Price £555,000  

 

 Harley Street (Ref: KSHS)

Recently refurbished and fitted out to comply with latest H&S
Leasehold at a cost of £75,000 per annum (allowing trading hours are 8am to 7pm)
Currently 3 years remaining on the lease, but a lease extension or new lease can be arranged
75 sq m divided into 3 treatment rooms, corridor, reception plus Pilates Studio
3rd Floor which is accessible via a lift

Leasehold Only

 

 Surrey (Ref: 0401SD1)

Single surg. Private FPI and Referral practice
Would suit a Dentist with special interests in Prostho & Endo
Ground floor premises situated with ample partking close by
Area for expansion with planning for two additional surgeries space on first floor
Recently decorated and carpeted
Established in 1990 with current principal resident throughout
Referrals from over 100 Dentists for Endodontic and Prosthodontics procedures
Turnover 2012 £392,048 – scope for increased turnover with extended opening hours
Leasehold purchase NOT an option

Guide Sale Price £402,994 Goodwill + £37,150 F&F
Plus Freehold £445,000

Total Guide Price £885,144   

 

 Devon (Ref: 0113/T)

Two surg. Mixed practice on two sites
Lovely large Edwardian house set in 2/3 acres
Small NHS with remainder Denplan and FPI
Surgery 1 is a Freehold sale, house is potentially included in the sale
Surgery 2 is a Leasehold sale, situated a few miles away
Turnover 2012 £217,135
Established for 28 years
CQC Registered

Guide Sale Price £145,000 Goodwill
** Plus Freehold £575,000

Total Guide Price £720,000

 

  South Manchester (Ref: ES0308BP1) *** UPDATE ***

Four surg., 50% Expense Share (due to retirement)
Very well established Private practice in busy location
Good Denplan Income with share of Associates Income (Denplan & FPI)
Affluent area + spacious premises
Income of £390,208 (Oct 2011) of share available to purchase
Detached, Freehold premises
**Freehold available to buy which includes flat above (sub let)
Excellent order, computerised, OPG
Some small implants income
Hygienist services
Principal very willing to remain on part time post sale

Guide Sale Price £355,000

Freehold, if required, to be sold at Current Market Value circa £350,000

Total Guide Price £705,000    

 

  Devon, Great Coastal Location (Ref: 2404D) *** UNDER OFFER ***

Fully private
1 Surg. with potential to expand;
Well established;
Freehold;
Sole Principal;
Living accomm., very spacious, seaviews, rooftop terrace
Gross £206,387
Fee Per Item & DPAS
Adjusted net profit (2011) £95,951 which equates to 46% of the overall turnover.

Must be seen – stunning premises and a great opportunity
Very realistically price to sell to tie in with retirement in Spring 2013.
Closure of practice if not sold.
Vendor prepared to sell Client List only

Asking Price £373,450 includes Freehold

 

  Wiltshire/Dorset Border (Ref: JT0911) *** UNDER OFFER ***

Five Surg. private practice (FPI & DPAS)
Prominent in the Town Centre with own car park
Located in thriving affluent area
Main line rail to London 1/4 mile south of the practice
Client base from London, Exeter, Bristol, South Coast and surrounding locale
Freehold or Leasehold Sale option
Vacant second floor with lapsed planning consent for two flats
Established 1974
CQC Registered
The Principal has indicated a keeness to remain on part time post sale for 3 days a week
Turnover 2012 £1,156,681

Sale price £694,995 Goodwill + £65,000 F&F
Total Sale Price £759,995
(Plus Freehold)

** Freehold to be sold at Current Market Value estimated £720,000

 

   Harley Street, London (Ref: JAHS)

Expense Share – 1 quarter for sale
Retirement sale – Senior Partner in practice is retiring
Endo, Implants and General Dentistry
Established over 50 years
Excellent opportunity
Must be seen

Guide Price £241,000 Goodwill + £27,000 F&F
Total Guide Price £268,000   

Please ask for further details

 

 Near Coalville, Leicestershire (Ref: 3003HK1)

Two surg, mixed DP, NHS, Denplan
Freehold premises
Close to major road routes
NHS Contract £55,997 of 2219 GDS UDAs @ £25.24 per UDA
Established 1989 from squat
Located within a Victoria mid-terrace property
Hygienist services
Turnover 2011 £321,515

Sale price £275,000 Goodwill + £30,000 F&F + Freehold £125,000
Total Sale Price £430,000

 

  SW London (Ref: JASW)

Mixed DP, 2 surg.
Huge premises, scope for up to four further surgs.
Highly prestigious area
Grade II listed property
Leasehold
Established for 75 years
NHS Contract £20k, remainder FPI
T/O £400k

Guide price £450,000 including F&F

 

  Essex, Major Town, Close to M25/A12 (Ref: 3107VCMO)

Private DP
Leasehold
Situated very close to the town centre in a major town – the premises have a flat above which provides further income for the buyer
Established 1987
Large car park
Single surg. with room to expand
Scope for Restorative work
T/O £300k
Emigration planned

Guide price £290,000

 

  South Devon (Ref: 2606ES)

Mixed DP, 4 surg., over 30 years established
Retirement sale
NHS Contract £36,969 / 915 UDA’s
T/O 2011 of £350,698
Very elegant Freehold premises with much scope internally for further surgeries, accomm. and large private car park to rear.

Goodwill £310,000
F&F £55,000
Total Leasehold Price £365,000
(*Plus Freehold at Market Value – estimated circa £440,000)

Total Sale Price £805,000 ***Genuine & Reasonable offers considered***

 

  Southampton (Ref: JA) 

Freehold priv. DP
5 Surg, large premises
FPI, Endo, Perio, Aesthetics, Ortho, Prostho, Implants, Crown & Bridge
2,500 patients
T/O 2011 £841,171
T/O 2012 TBC

Guide Price TBC

Please contact us for further details.

 

  Birmingham Centre: Jewellery Quarter (Ref: JQ1)

Large spacious well decorated premises.
Leasehold.
Thriving area with huge local regeneration/development.
Currently 1 chair, 3 rooms, plumbed and wired, Digital OPG etc, 2 Treatment co-ordination rooms, ample room to sub let or re-locate current surg. here.
Currently operating only part time -2 days per week, Low Overheads.
Turnover t.b.c.
GREAT OPPORTUNITY TO ACQUIRE AT LOW PRICE

New price £75,000 inc all F&F  **Genuine Offers are invited for this smart and very spacious site.

 

  Central Birmingham (Ref: BWS0712)

Established 25 years, Leasehold
T/O 2012 £262,297
Great practice & location
Mainly associate driven. Priv. FPI, 2 fully equipped surgs., Mainly General & Cosmetic.
Fully Digital, SOE,
Excellent website & web presence brings in large numbers of cosmetic patients plus large database of existing clientele.
Current principle 2 days a week: assoc 3 days

Sale Price £150,000 inc all F&F
** All genuine and reasonable offers considered**

 

 Cumbria: Coastal Practice (Nr Lake District) (Ref:3009SM) *** PRICE REDUCTION ***

Virtually 100% Denplan.
Excel Accredited.
Three surgs. (two spare at present)
Early retirement sale due to ill health.
Computerised
Freehold. Would consider Leasehold sale also to assist lending. 20 years established.
Income to August 2011 £231,572 (Dpas mainly and Denplan)
Freehold value circa £115k
Goodwill priced at £150,000

Guide Price  £275,000 Inclusive of Freehold
*All genuine and Reasonable Offers will be considered IRO £250,000

 

 Milton Keynes: Bedfordshire (Ref: 2109/A)

List Build Opportunity:
Elegant  four surg. DP, One surg. fully equipped, Second  surg. equipped but minus the chair. Remaining two surgs. plumbed/wired with full cabinetry in place.
Superb decor.
Fully Digital, Decon room.
Open currently 2 eves per week,
Sale due to other business commitments.
Scope for building and marketing to realise its potential. Ready to go!

Guide Price £60,000  *Offers are Invited to take over lease 

 

Manchester – Squat Premises (Ref 4609)

The Practice occupies the whole of a two-storey end of terrace property located on a mixed residential and commercial road, adjacent to a main hospital. Parking is available on the surrounding streets and in a nearby public car park.

There are three treatment rooms, two of which are in working order, two waiting rooms with reception, an OPG room and toilet facilities. There are a further 3-4 rooms and a garage that can be put to use or alternatively sub-let for other purposes.

The DP closed in March 2011, when the dentist relocated and took the dental records with him. Prior to this it was a mainly NHS Practice, with a small Priv. element.

A new lease will be granted at an annual rent of £15,000 for a term of 15 years with 5 yearly rent reviews

Rent only Payable ** First Year Rent Free

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