Armstrong’s Pharmacy in Sheffield, South Yorkshire has been sold for the first time in 67 years for an undisclosed price.
Located on the corner of Gleadless Road, three miles south-west of Sheffield City Centre, the pharmacy dispenses an average of 11,332 items per month, according
to Christie and Co, the broker that facilitated the sale.
Owned and operated by the Armstrong family since 1957, the business has been acquired by a husband-and-wife team of first-time buyers.
The new owners, whose identities were not disclosed, plan to expand the pharmacy by adding more consultation rooms and increasing services offered to the local
community.
Chris Armstrong, the previous owner, ran the business with his wife Jane before deciding to sell in preparation for their retirement.
Commenting on the sale, Chris said: “It was a big decision to sell our multigenerational business but, when it was time to retire, we were glad that Christie and
Co were able to quickly market the business successfully.”