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Brothers plan to build five consultation rooms after pharmacy purchase

Anup, Rahul and Jatin Patel bought the pharmacy in Belgrave Road, Leicester last month
Anup, Rahul and Jatin Patel bought the pharmacy in Belgrave Road, Leicester last month

Three brothers plan to build up to five consultation rooms in their newly acquired pharmacy so they can offer services ranging from psychiatry sessions to a cosmetic clinic.

Anup, Rahul and Jatin Patel bought the pharmacy on Belgrave Road, Leicester last month – since rebranded as Brother’s Pharmacy – for an undisclosed sum with the aim of creating “more of a holistic centre” that prioritises private services over dispensing.

The trio plan to “drastically change the space” within the next six months by building five extra consultation rooms – in addition to the existing one – manager and pharmacist Rahul Patel told C+D this week (November 26).

One of the reasons behind the purchase was the pharmacy dispenses 3,665 items each month on average, he said.

“The footfall wasn’t overly busy, which allows me to focus more on patient care,” said Rahul. If they had bought a pharmacy dispensing 10,000 items a month, he would “be too busy checking [medicines] to provide a good service,” Mr Patel explained.

“I want to try and build on services, rather than just look at the old model of pharmacy, where it was mainly dispensing.”

Mr Patel said his independent prescriber qualification allows him to consider delivering “a lot more private services”.

Sessions with chiropodists

The three brothers are looking into setting up a cosmetic clinic that offers botox and dermal fillers, alongside a travel clinic, a skin clinic and a yellow fever centre, Mr Patel said.

It may also have an ear wax removal service, and sessions with chiropodists and psychiatrists, he added.

He sees “a lot of scope” in the future of community pharmacy, partly because there are a “lot more people going to pharmacists rather than doctors”.

Plans for more acquisitions

Mr Patel said the brothers would like to buy two more pharmacies in Leicester, as if they can “get the foundations right” with the first acquisition they “can build on that and create the same model elsewhere”. Anup Patel is also a qualified pharmacist, who has worked as a locum and a relief manager for other pharmacies.

They own two other retail businesses within 200 yards of Brother’s Pharmacy – a cash and carry shop and an imitation jewellery store.

Tony Evans at Christie & Co – which arranged the sale – said there had been “significant interest” from other potential buyers, “underpinning the fact that strong appetite remains” for pharmacy sales in the East Midlands.

6 Comments
Question: 
Have you bought a pharmacy this year?

Leon The Apothecary, Student

It's a completely different perspective on Pharmacy, I'd like to see a follow-up!

R A, Community pharmacist

The sad truth is the British public believes it is entitled to free healthcare so good luck with pushing for paid services. I also believe in a free NHS but one treats people for illnesses for which they have no influence on unlike CVD or Diabetes. 

Sue Per, Locum pharmacist

Brothers, the tax payer is bankrupt, so your approach to diversify is sensible and i hope your model is successful.

Good Luck, and give it your best shot!! 

 

Nitin Makadia, Pharmacist Director

First thoughts are that I'm not sure the demographics work here for private services, although they already know the local community very well so must have done their homework. Commissioned Services on the other hand would be perfect, and the extra consultation rooms will give them scope to offer more than the usual core pharmacy services.

A LOCUM, Community pharmacist

Best of luck guys hope your investment pays off , problem you may encounter is silly pricing for these services elsewhere undervaluing the profession  ie Superdrug botox £99 , Lloyds Pharmacy £4.99 sore throat test , Asda and Tesco £1.25/£1.50 for Malarone , Asda private flu jab £7 ,2018, £5, 2017 Well Pharmacy Menveo £50 , seen it £35 elsewhere, Private prescription mininum charge £3.50 ,Tesco sildenafil 50mg x8, £2.91, additionally  once a competitor up the road finds out you are doing these services , they will copycat and be tenfold cheaper than you , total total madness .

Benie I, Locum pharmacist

Dumbing down, the rush to the bottom. Pharmacy in a nutshell.

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