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Thread: Does one have to be a pharmacist to open a Pharmacy in the UK?

  1. #1
    pharmacyman is offline First Time Poster
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    Nov 2009
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    Does one have to be a pharmacist to open a Pharmacy in the UK?

    Hi all,

    I'm a new member here so please be nice

    I've been working in the Regulatory sector of the Pharma Industry for over 16 years but I am not a qualified pharmacist. I do have a degree in Chemistry.

    I would now like to buy a running pharmacy business here in the UK and was looking around on the net for info when I came across this forum.

    So the main question is; Do you have to be a pharmacist to buy and operate a UK pharmacy? Or can I make the investment but employee a full time pharmacist?

    What kind of deposits would the banks require to finance a pharmacy? If I was looking at a property around the £500k mark how much would I need in liquid capital before the banks would look to lend?

    Im sure there will be more questions to follow so thanks for bearing with me.

  2. #2
    DavidS's Avatar
    DavidS is offline Tai Chi Enhanced Member
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    Re: Does one have to be a pharmacist to open a Pharmacy in the UK?

    No. For instance, Lloyds, Rowlands, Tesco and Adsa are owned by their shareholders. A pharmacist must be a employed to supervise the professional services.

    What the banks want now is anyones guess. Have a chat to Shipleys accountants, they advertise on this forum, and specialise in Pharmacy accounts, which need a specialist, really..
    ....just my opinion

  3. #3
    johnep is offline Moderator
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    Re: Does one have to be a pharmacist to open a Pharmacy in the UK?

    Easiest way to make a million in pharmacy, start with two million.
    johnep

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