Sunny

Sunny

max temp: 20°C

min temp: 13°C

ESTD 1874 Search

Aldeburgh/Wickham Market: Stuart Beer acquires Barry Shooter Pharmacy

06:00 07 July 2014

Stuart Beer. right, outside the Barry Shooter Pharmacy with Mark Page of Christie & Co.

Stuart Beer. right, outside the Barry Shooter Pharmacy with Mark Page of Christie & Co.

Archant

The Barry Shooter Pharmacy business in Aldeburgh has been acquired for an undisclosed sum by Suffolk businessman Stuart Beer, who already owns a pharmacy in Wickham Market.

shares

The deal, brokered by specialist medical property adviser Christie & Co, caps a busy period for Mr Beer, who has also got married and moved house in the past year.

Mark Page from the Ipswich office of Christie & Co handled the sale on behalf of Barry Shooter, who he met at the Pharmacy Mr Page said: “We’re delighted to have found a buyer for this excellent pharmacy business in the beautiful town of Aldeburgh.

“We conducted a confidential sales campaign which saw competitive interest and multiple offers. This demonstrates both the attractiveness of successful businesses in this part of the country, and also how popular good pharmacy businesses are with existing operators looking to grow and new, first time investors.

“We congratulate Stuart on the acquisition of his second pharmacy and wish him well with the business in the future.”

Funding for the acquisition was sourced by Christie & Co’s sister company, Christie Finance.

Nick Baker, director and head of business mortgages at Christie Finance, said: “Once again, we’re happy to demonstrate that funding is increasingly available for both experienced operators like Stuart Beer and first-time buyers alike.

“It’s especially evident that banks are prepared to back both strong businesses and good, successful business people. We wish Stuart well with his latest acquisition.”

shares

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Sheepen Place office development scheme at night - artist's impression

Proposals have been submitted for two new office buildings planned for central Colchester.

Greene King chief executive Rooney Anand, left, shaking hands with Mike Tye, chief executive of the Spirit Pub Company, outside Spirit's headquarters in Burton uponTrent following the sale deal.

Jobs are at risk at Greene King following a major acquisition earlier this year.

EDF workers are unhappy over pay.

Hundreds of workers at energy giant EDF are to stage a 24-hour strike in a row over pay.

Amos Smith who is launching a new yoghurt called Mossy's from a secret family recipe.

A popular yogurt made to a secret family recipe has been revived by a young food entrepreneur.

Land next to Burger King is for sale

Tesco, Mothercare and Toys R Us could soon have a new neighbour at Copdock Mill

A city worker looks at a stock ticker screen at the London Stock Exchange in the City of London.

Volatile stock market conditions took their toll again today as the FTSE 100 Index plunged after sharp gains in the previous session.

The Director General of the British Chambers of Commerce, John Longworth, has met with the Suffolk Chamber of Commerce in Ipswich to hear of their work delivering support to firms across the region.

The Director General of the British Chambers of Commerce, John Longworth, met with the Suffolk Chamber of Commerce in Ipswich to hear of their work delivering support to firms across the region last week.

Sainsbury's supermarket was only one of Britain's big four supermarkets to grow sales in the last three months - but still saw its number two spot in the sector retaken by Asda.

Sainsbury’s was the only one of Britain’s big four supermarkets to grow sales in the last three months - but still saw its number two spot in the sector retaken by Asda, according to latest industry data.

Family law expert Georgina Hall, now a partner at Prettys

East Anglia law firm Prettys, which has offices in Ipswich and Chelmsford, has announced the promotion of family law expert Georgina Hall to partner, bringing the total number of partners in the firm to 10.

Poundlands £55 million acquisition of rival 99p Stores has provisionally been given the green light.

Poundland’s £55 million acquisition of rival 99p Stores has provisionally been given the green light.

Most read

Most commented

Topic pages