Tower House Practice, Cheshire

Tower House Practice in Cheshire receive a 19% increase in pharmacy rent after BW Healthcare Surveyors helped them instigate and negotiate a rent review with their pharmacy tenant.

Approach

We undertook a free initial assessment of the Pharmacy lease followed by a detailed survey and inspection of the Pharmacy unit before arranging for the necessary rent review notices to be issued to the pharmacy tenant. We then entered negotiations with the tenant’s appointed representatives and secured a significant increase in rent.

Conclusion

Through our negotiations with the tenant and their appointed representative, we managed to increase the rental income the practice was receiving from the pharmacy by 19%.
We managed the whole process from start to finish meaning the practice could continue with their day to day running of their GP surgery.

Sarah, Practice Manager at Tower Houser Practice, says they were extremely happy with the outcome;

The health centre found BW Healthcare Surveyors extremely efficient and professional in their negotiations with the Pharmacy and communications with the Practices. The entire process was seamless and we were happy with with the outcome. We would not hesitate to use the services of BW Healthcare again if required.

Get in touch with one of our expert advisors today and we would be happy to arrange for a free initial assessment of your pharmacy lease and passing rent to advise whether there is scope to secure a rental increase under the Lease.