Vets win prizes
Who?
Byron Veterinary Clinic in Nottingham.
Did what?
Has been sold to rival Ashfield House Veterinary Hospital.
What does this mean?
The clinic was established over 100 years ago, and moved to a new building in 1992 that was the first-ever purpose-built private veterinary practice in the city. The deal was agreed after Byron’s owners, Anne and Dennis Jones, opted to retire.
Who advised?
Patrick Wood, commercial property partner and Gavin White, corporate and commercial law partner at Fraser Brown, along with Mark Beaney from Hazelwood Accountants, advised Byron on the deal. Stephen Warner from Mclaren Warner solicitors acted on behalf of Ashfield House Veterinary Hospital.
Insider comment:
This deal, which came about through a family decision to retire, has another family connection as Dennis Jones explains: “Patrick Wood’s father advised us when we purchased the premises, so it seemed fitting that we turned to Patrick when we wanted to sell.”
Wood said, “Between us, Gavin and I handled the sale of the business and the letting of the buildings, which have been leased under a separate agreement to Ashfield House. We were set an ambitious timescale taking into account the different aspects of the deal that had to be completed but we were pleased to be able to help the sale go smoothly.”
