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Thread: Purchase of a Scottish Pharmacy

  1. #1
    Jack Harper is offline Junior Member
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    Jun 2011
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    Purchase of a Scottish Pharmacy

    Hi everyone - what a great forum!

    My friend is a pre-reg pharmacist and we're both considering purchasing a pharmacy. The law seems quite complex on this matter, with licensed properties and other obstacles. Could any please clarify this? Essentially I'm looking for a quick guide to buying a pharmacy - does anyone know where I could find this?

    Many thanks indeed,

    J

  2. #2
    ha0dho is offline Active Member
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    Oct 2009
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    Re: Purchase of a Scottish Pharmacy

    I would try pharmacysales.net they usually have info but u need a registeration number to do this

  3. #3
    Raju is offline Top-Class Member
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    Mar 2007
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    Re: Purchase of a Scottish Pharmacy

    You should make contact with a few advisers, e.g. solicitors, financial brokers. Tell them you're interested in their services for your proposed purchase, and they will answer most general queries you have over the phone - because to seem friendly and expert, they will want to show their expertise and experience.

    I don't think there are that many pharmacy owners or business transfer agents on this forum (I know of only 1 owner) - so I don't think you'll get much specific advice here.

  4. #4
    Tony Schofield's Avatar
    Tony Schofield is offline Registered Pharmacist
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    Re: Purchase of a Scottish Pharmacy

    It all depends on how profitable the pharmacy is re price. However the law in Scotland is quite different to England, eg a partnership with a non pharmacist can lawfully trade in Scotland but not here in England and the scottish remuneration system is very different to here. Practicing pharmacy in Scotland is better paid and more professionally satisfying than in England.

    I know a contractor in Scotland who may be prepared to advise if you "pm" me.

  5. #5
    Jack Harper is offline Junior Member
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    Re: Purchase of a Scottish Pharmacy

    Thanks everyone. Having spoken to the relevant health board and GPC I've managed to obtain the information I required.

  6. #6
    Tony Schofield's Avatar
    Tony Schofield is offline Registered Pharmacist
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    Nov 2007
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    Re: Purchase of a Scottish Pharmacy

    Good luck

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