Multiple Pharmacy Acquisitions - Mel Kang

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MULTIPLE PHARMACY ACQUISITIONS
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"Multiple pharmacy acquisitions"

• First and foremost, happy new year! I hope
  everyone is keeping safe and well. Despite the
  impact the pandemic is having across the country,
  I am delighted that we continue to be busy
  leading a variety of deals. One of those more
  recent deals was for client Jhoots Chemist Ltd
  regarding the acquisition of 20 pharmacy
  businesses from Lloyds Pharmacy in various
  locations across England and Wales.
• This was a transaction where we took care of
  everything - from property, contractual and
  ownership issues for an established corporate who
  we have an excellent, growing relationship with.
  Charlie Jhooty from the firm has kindly left us
  some brief feedback

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feedback
I approached Mel after he acted on a matter
whilst on the opposite side to us. My team and I
were impressed by his pharmacy knowledge. This is
why we appointed him to deal with the bulk
acquisition of 20 pharmacies from Lloyds
Pharmacy. It was a complicated and arduous road,
Mel and his team had to deal with countless law
firms as well the lawyers acting for our lender.
It was impressive job as the quarter back! Our
group clearly made the right decision. Charlie
Jhooty
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WELSH CARE
HOME PURCHASE
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"Welsh care home purchase"
One of our more recent deals was supporting on
the acquisition of the 19-bed Coed Mor Care Home
in north Wales. We were instructed in June amid
the grasp of lockdown. Not only did we have some
tricky drafting to do on the documents (due to a
deferred element on the valuation) but also
pushed through the sale at the height of Covid.
This could have been a stressful sale but we
completed in October. It also showed how superbly
lawyers can work from home using technology such
as Microsoft Teams and Docusign (electronic)
signatures.
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Thanks to client Dr Ilyas for their comment
I would like to thank you Mel for helping with
the purchase of this care home during testing
times. He has always been professional and
easily accessible and would not hesitate to
recommend him to others and hopefully work
together again in the future."
Dr Shams Ilyas
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Thanks to Nick Shepherd of Redwoods Dowling
Kerr for their comment
Just wanted to say a big thank you for your
assistance in bringing this deal to a successful
conclusion. Particularly in the current climate
with so many solicitors working from home,
efficiency and professionalism can
suffer. Delighted to have found that not to be
the case with you and your team and I look
forward to working with you again.
Nick Shepherd of Redwoods Dowling Kerr
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DENTAL PROPERTY LEASE RENEWALS IN BIRMINGHAM
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"Dental property lease renewals in Birmingham"
Within our latest batch of dental deals was our
work supporting Dr Sandeep Kumar with the
renewal of two property leases for his existing
dental premises in the Handsworth area of
Birmingham. This needed us to act quickly and we
were delighted to get the lease arrangements
confirmed and signed - ensuring that everything
was taken care of as part of the Landlord and
Tenant Act. We worked closely with our client
and the landlord throughout to ensure a smooth
transaction.
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Thanks to Sandeep for leaving us such great
feedback
Thanks as always, Mel. I had no idea that my
leases were so close to expiry and that one of
them was contracted out of the landlord and
tenant act. It was great that you spotted it and
got my renewal done in record time. Cant thank
you enough and glad I can always count on you
for my entire group!
Dr Sandeep Kumar
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51/52 Calthorpe Road Edgbaston Birmingham
B15 1TH
03330 143 401
CONTACT US
mel.kang_at_gunnercooke.com
www.melkang.com