Pharmacists

Pharmacy

Having the right lawyer is vital, whatever sector you are in, but it is even more important when you own a pharmacy. Whether you are a GP or an independent pharmacist, Carter Bond has the experience to help you navigate any legal issues surrounding your business, from purchase and sales to practice management.

We work with owner-managed pharmacies, from locums who are making their first pharmacy acquisition to experienced pharmacy owners. Developing close relationships with our clients, helping them grow and seeing the difference that we can make to their businesses is what we enjoy doing most.

What We Do

  • Sale and purchase of existing pharmacy businesses.
  • Business structuring for pharmacies.
  • Leasing, buying and selling pharmacy premises.
  • Choosing the right company structure for the formation of a new pharmacy business.
  • Partnership agreements.
  • Managing the retirement of a partner or managing pharmacist.
  • Recruitment of new staff and employment contracts.
  • Managing dismissals and redundancies.
  • Defending your reputation with respect to pharmaceutical negligence or malpractice claims.
  • Representing you at GPhC misconduct hearings and MHRAC hearings.

FAQ - Pharmacy Law

How long can I expect a pharmacy sale or purchase to take?

The length of the process will depend on the way you intend to fund the transaction and also the type of transaction it is (selling shares in a company or assets of the business). Usually a share sale transaction with bank funding will take 3 or 4 months, and asset sale will typically take between 4 or 5 months, due to the NHS change of ownership requirements.

Do I need to inform NHS when selling or buying a pharmacy?

You will have to inform NHS when selling or buying assets. You will have to obtain a change of ownership consent from NHS.

How much are the legal fees associated with selling or buying a pharmacy?

The legal fees will be determined by a range of factors: the size of the practice, what is happening with the practice premises (purchase of a freehold, leasehold, or grant of a new lease), how the practice is staffed, and whether the transaction is a share sale or asset sale and whether we also act for the lender.

Reena

Reena Popat

With over 10 years experience, Reena has significant knowledge and expertise when it comes to corporate and commercial matters. She is best placed to draft any agreement you require for your business.

Sonia

Sonia Suman


Client Reviews

Pharmacist Solicitors
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Call us on the number below or complete the form and one of our team will be in touch.

020 3475 6751