Donald Mackinnon approached Hutchings to sell his pharmacy in March 2010. The pharmacy was situated in Edinburgh with lots of competition nearby and was a traditional style pharmacy in the old town of Edinburgh. There was however growth potential with some flats being built close by which would increase the footfall to the shop. Donald was looking for a premium price for the pharmacy goodwill and he also wanted to sell the freehold at market value.
We valued the pharmacy based on our knowledge and experience of the Scottish market. The pharmacy details were sent to serious potential purchasers wanting to buy in Scotland. Using our expertise we secured 4 excellent offers for Donald all over the guide price.
The offer Donald accepted was from a local pharmacist with whom we had negotiated the price upwards. This resulted in the final offer being 9% higher than the guide price.
Donald was extremely pleased with our service on the sale of his pharmacy and the freehold property (See below an excerpt from Donald’s testimonial).
“I would just like to say that I was 110% happy with both the service and the price given to me for my business through using Hutchings Consultants Ltd – you have given me my life back.”
Donald Mackinnon, MacKenzie & Co Edinburgh