‘Well-known’ London pharmacy sold out of administration
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Petter Pharmacy in North London’s affluent Crough End neighbourhood has been sold out of administration, broker Christie & Co has revealed.
The pharmacy, which dispenses 15,500 items a month, went into administration in 2023.
It was recently sold for an undisclosed price to a “local, expanding operator” following a confidential sales process, said the broker.
Mark Page, pharmacy director at Christie & Co, commented: "This was a particularly rare opportunity to acquire a volume pharmacy in the fashionable Crouch End suburb in North London.
“We received multiple offers from local and national operators as well as first-time buyers. We wish the new owner all the very best for this pharmacy.”