Our recent experience of banks’ appetite to lend in the pharmacy sector is the same as Christies discuss in their report published in Pharmacy Magazine.
They remain positive about the sector and are keen to lend but are nervous about risk so it’s more important than ever for buyers to have access to a good deposit (at least 20% and ideally 30%) and to be realistic about what they can afford. We’ve also found the sales market to be particularly buoyant recently and completed a record number of sales for clients in 2021. This year has started very strongly with high levels of new purchasers registering and enquiries from pharmacy owners considering selling their businesses”.
