The much awaited Premises Directions were finally issued on 10 May 2024 and came into force with immediate effect. I set out some of the key changes: 1. Whilst the Directions make reference to the District Valuer, this can now be an alternative appointed valuer so this does give scope for NHS England or ICBs to […]
There is no doubt that the Covid-19 pandemic has made an impact in people’s lives on a global scale. From falling gravely ill, losing loved ones and the harsh restrictions, we have had a lot to cope with over the last two years. Perhaps those most greatly affected by these uncertain times are healthcare workers […]
If you are a GP looking to invest in a medical centre or similar premises, you are about to unlock a secure income. Investing in medical practices is worthwhile and, with the right support and advice from industry specialists, you can look forward to positive returns. From searching for the right property to refurbishing the […]
Leading property specialists to the primary care market, Primary Care Surveyors continues to deliver innovative property solution to its clients. In one latest instruction, Primary Care Surveyors was instructed by the partners of Carlisle House Surgery in Poole to find a new home for the practice, enabling the business to expand its patient list whilst […]
Primary Care Surveyors, leading property specialists to the primary care property market, delivered an innovative property solution to partners of the Witterings Medical Centre, enabling the centre to thrive and continue to provide excellent services to the local community. The primary care landscape is changing, with retiring partners taking capital from property equity for retirement, […]
We are often asked; What’s happening to rents on medical centres? There is a general sense of frustration that rents have not increased much recently, with many doctors and practice managers comparing the increase in rent for their surgery to the increase in the value of their home. Whilst there are obvious differences between the […]
This firm regularly undertakes valuations of doctors’ surgeries, predominantly for partnership purposes. We are sometimes also asked to review valuations provided by other firms, and it is interesting to observe the trends in valuations – particularly in those repeat valuations relating to the same property. In recent years, the valuation of surgery premises has generally […]
The phrase “single hander” is often bandied about within primary care; it refers to GPs who run their own practice without any partners and may typically have a patient list in the range of 1,500 – 3,000 patients. Historically there have been many single handers, but following notable cases of clinical negligence, and even criminal […]
With the NHS now being 70 years old, there has been much recent publicity as to the excellent healthcare it provides and how it has changed since its formation in 1948. The NHS is clearly held in high regard by the public at large, as well as being a key topic for politicians. With healthcare being […]
Top Ten Tips and Tricks for GP premises For all premises 1 – Partnership agreement. Is there a Partnership Agreement in place and how is the property treated within that? Is the basis of valuation still relevant? e.g. If the property is likely to cease to be used as a surgery in the foreseeable future, […]
It is that time of year when we tend to look back at what has happened over the preceding 12 months. I have found that the highlights (or lowlights!) in the healthcare property sector for 2017 have been as follows: The revised NHS Premises Directions that govern the payment of notional rent and rent […]
Sale and leaseback transactions are much discussed and often promoted by surveyors and solicitors, unsurprisingly given that the yield often makes this a lucrative area of work for professional advisors. However, it is in nobody’s interest to promote a strategy where it is not suitable, so it is important to establish that sale and leaseback […]
