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Barton Pharmacy sold to its former employee

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A community pharmacy, Barton Pharmacy located in Woolacombe, Devon has been sold to a local pharmacist and its previous employee, Harminder Chaggar, announced Christie & Co.

The business has been owned by Mr Osman Hamid for the last seven years and was brought to market to allow him to concentrate on his other business interests.

Barton Pharmacy is dispensing an average of 2,440 items per month. It lies completely unopposed in the highly desirable North Devon coastal village of Woolacombe, in an Area of Outstanding Natural Beauty, and is an ever-popular holiday destination which boasts ‘Beach of the Year 2021’ as voted for by The Sunday Times.

Osman Hamid, previous owner of Barton Pharmacy, comments, “Owning this business for the last seven years has been an enjoyable experience, as we have had full support from the NHS as it has an attached LPS contract and receives an overwhelmingly generous OTC income which is more than the average pharmacy. The business has huge potential to grow and diversify into other avenues that are yet to be explored, and it is lovely to know that it has been passed onto a new owner operator that I trust will do well with the business moving forwards.”

It was sold for an undisclosed amount.

 

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