© 2022 BW Healthcare Surveyors Limited
Website designed and managed by Air Social
99 Parkway Avenue,
Sheffield, S9 4WG
These are effectively agreeing changes to an existing lease to add value to the property as lease terms are key to the value of the property. Examples include the following:
Both the above examples require the agreement of the tenant as well as the NHS (when it comes to NHS approved GP surgery leases). It is very unlikely that a tenant would agree to the above transactions without some incentive from the landlord. This may include carrying out improvements to the surgery and/or a rent-free period as well as potentially paying the tenant’s costs in the matter.
This is primarily improvements and/or extensions to surgery premises which should result in increased rent (and NHS rent reimbursement) derived from the property:
Under the scenarios above we can advise on values, guide clients through the process and negotiate appropriate commercial terms and rents and of course agree the appropriate reimbursement levels with the NHS and District Valuer. Other services would also be required including planning consultants, specialist PID writers, project management and builders.
If you are a landlord of primary care real estate, get in touch today and we can discuss how our specialist general practice surveyors can help you maximise the value of your portfolio.
We can boast some of the biggest primary care providers and investors in the UK as clients and we have helped and supported PCNs, GP federations and LMCs all over the UK.
We currently act on behalf of one of the largest healthcare property investors in the UK in assisting with complex asset management negotiations with GP tenants and occupiers.
All our Chartered Surveyors and RICS registered valuers are specialist primary care surveyors and members of the RICS which means they are fully qualified and regulated by the Royal Institution of Chartered Surveyors.
Sue Pyatt, Practice Manager
Francis Mulhern, Bretton Medical Practice Peterborough
Dr Adnan Mohammad, GP Partner, Newsome Surgery, Yorkshire
Jill Foster, Practice Manager, Beacon Primary Care, Lancashire