Everest Pharmacy Ltd buys five established branches

  • 4th March 2025

Five pharmacies located across Bolton and Accrington have been sold to Manchester-based Everest Pharmacy Ltd, which now owns 22 premises across the region.

The group comprises four pharmacies in Bolton – Gatleys Pharmacy in Tonge Old Road, Haslams Pharmacy in Halliwell Road, Rigbys Chemist in Swan Lane, and Howards Pharmacy in Chorley Old Road – and Paradise Street Pharmacy within Pals Health Centre in Accrington.

These well-established community pharmacies dispense a combined total of circa 33,000 items per month.

The pharmacies are part of a wider group of 14 branches owned by Sykes Chemist Group.

The group decided to sell the branches as part of a strategic review of its portfolio.

Following a sales process with Tom Young at Christie & Co, all five pharmacies have been sold to Manchester-based, Everest Pharmacy Ltd.

Young said: “When we launched these pharmacies to the market in July 2024, as expected, we had a lot of interest. Any sites in and around Bolton always generate large volumes of enquiries and I was pleased that we had multiple offers on all sites.”

The five pharmacies were sold for an undisclosed price.

 

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