Busy dental practice changes hands as owners retire

The Dental Practice - Gateshead

The Dental Practice in Gateshead, Tyne and Wear, has been sold to an existing operator after the previous owners decided to retire.

Established in 1993, two-surgery, predominantly-NHS business is located on a busy retail parade in Gateshead, surrounded by retail parks, commercial businesses, and large international businesses, which offer a secure patient base.

The practice was owned by husband-and-wife team Mark and Emma Benn since 1999 and was brought to market to allow them to retire.

Following a confidential sales process with Cathy Murphy at Christie & Co, it has been purchased by Dr Jaz Ali, who also owns Crescent Dental Care in Gateshead.

Mark and Emma said: “When we initially bought the practice in 1999, it had been set up as a squat in 1993 by our predecessor.

“It wasn’t busy enough for us both to work there, so we both worked part-time at the practice and also part-time as associates elsewhere.

“We built the practice up over the coming years, eventually able to accommodate both of us and a hygienist two days a week.

“We decided to sell as we wanted to improve our work-life balance and spend more time with family as we look towards retirement.”

Murphy adds: “Given its reputation and great location, the practice generated a high level of interest upon coming to market.

“I’m pleased that it is being handed over to an experienced practice owner, and I wish Jaz well with his new venture.

“The sale reflects the strong demand for quality, reputable practices in the North East.”

The Dental Practice was sold for an undisclosed price.