High-dispensing Tyne and Wear village pharmacy funded through Christie Finance
Christie Finance is delighted to have supported the successful funding for R W Wilson Pharmacy in Winlaton, Tyne and Wear.
R W Wilson Pharmacy is a busy community pharmacy that dispenses an average of 15,000 NHS script items per month. It sits on the main shopping parade in Winlaton village centre, close to two GP surgeries.
The pharmacy has been owned by John Currie for the last 19 years, and run by the Superintendent Pharmacist, who was also a shareholder in the business. Both owners decided to sell to retire from pharmacy ownership.
Jagdeep and Jutinder Kaur, the new owners of R W Wilson Pharmacy, comment, “We want to build on the pharmacy’s already excellent reputation by expanding the services on offer to benefit the health of the local community.”
Craig Dickson, Director at Christie Finance, comments, “I was delighted to arrange the finance, which allowed Jagdeep and Jutinder to acquire their second pharmacy. They already own a hugely successful pharmacy in the Newcastle area, and the purchase of RW Wilson is an ideal fit for them. Funding was secured via one of the main pharmacy lenders who continue to have a great appetite and track record for supporting the sector.”
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