100-year-old Edinburgh dental apply bought
A DENTAL apply that has been on the identical web site for practically 100 years has
A DENTAL apply that has been on the identical web site for practically 100 years has modified fingers for the primary time in 20 years.
Specialist enterprise property adviser Christie & Co has introduced the sale of Edinburgh dental apply, McCutcheon & Ballantyne.
McCutcheon & Ballantyne is a majority-private revenue dental apply with three totally outfitted surgical procedures and over 2,600 lively sufferers.
The enterprise occupies the bottom flooring of a formidable three-storey conventional Georgian property located within the coronary heart of the prosperous residential space of Comely Financial institution, just some minutes’ stroll from the favored areas of Stockbridge and Inverleith, and one mile north of Edinburgh metropolis centre.
The positioning has been working as a dental apply since 1929, with solely 4 homeowners on this time.
In 2002, sitting affiliate, Mark McCutcheon, and David Ballantyne took over the apply from Cooper & Corridor.
By the top of 2004, the pair had nearly completely refurbished, modernised, and computerised the apply and, in 2007, a 3rd associate, Ann McCutcheon, joined the enterprise with the remaining elements of the apply efficiently transformed to a personal provision for price paying adults.
The companions, Mark McCutcheon, David Ballantyne and Ann McCutcheon, determined to take a step again from possession after 20 years on the helm.
The apply was dropped at market on a confidential foundation and attracted a considerable quantity of curiosity, with over 40 enquires acquired throughout the first 48 hours of the launch.
A aggressive deadline adopted, with the companions deciding to simply accept a proposal from Davinder Singh Kalsi and Jonathan Wardell, who they felt shared a compelling strategic imaginative and prescient which aligned to the present ethos and their dedication to the best high quality of affected person care.
Talking on behalf of the exiting companions, David Ballantyne mentioned: “After practically 40 years in apply, the time was proper to maneuver on from dentistry.
“We have now finally discovered a wonderful match with Davinder and Jonathan, and I really feel assured they’ll take the apply on to new heights with their skillset and imaginative and prescient for the long run.”
Dr Davinder Singh Kalsi mentioned: “Jonathan and I had studied and lived collectively for 4 years whereas in Aberdeen and had lengthy mentioned buying a apply collectively.
“We had been in search of the correct apply to buy in Edinburgh for fairly a while and had a really particular standards checklist, so we knew straight away from the brochure that this was the correct apply. With Mark, Ann and David going out, myself, Jonathan and Jonathan’s spouse Stephanie taking up, it was an ideal match.”
Paul Graham, Head of Dental at Christie & Co, who dealt with the sale, feedback, “It was a pleasure to behave on behalf of David, Mark, and Ann within the sale of their apply. The method was extremely aggressive with important curiosity and a number of affords acquired. Not solely is that this a testomony to the standard of the apply but in addition reveals the power of demand that the Scottish dental market at present has. I want the new homeowners – Davinder, Jonathan and Stephanie – each success for the long run.”
McCutcheon & Ballantyne was bought for an undisclosed worth.
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