Lloyds has been carrying out a divestment programme in Scotland this year and 18 Blackadders’ clients have taken the opportunity to purchase outlets. Some have used the opportunity to expand their portfolio and others have been bought by young pharmacists starting out on their ownership journey.

The corporate team at Blackadders was led by the firm’s chairman, Peter Duff, and included associate, Richard Wilson and commercial real estate solicitor, Natalia Bell. Dario Demarco, who recently moved on from Blackadders, also played a key role in many of the early deals.

Mr Duff said: “This is an area we specialise in and pulling these deals together was a fantastic team effort. Everyone involved has done a really good job. Our clients now have new businesses and tremendous opportunities to grow their ventures under their own brands.”