You’ve been told by your accountant that you need a Red Book Valuation of the commercial property that you own. Not sure what this means? A Red Book Valuation refers to the rules and guidelines that are laid out by the Royal Institution of Chartered Surveyors that describe best practice when preparing valuations. It is not […]
About Tom
Tom advises a range of clients on a day-to-day basis both in the commercial and healthcare property sectors. He specialises in rent reviews, dispute resolution and surgery valuations, with a particular specialism in pharmacy rental values. He's currently advising Local Medical Committees on how NHS changes will affect practices occupying NHS owned premises. When he's not at work, he's kept very busy by his three small boys!Author Archive | Tom
Technology and Valuation
It has been sometime since we commented on technology in property, since then it has even been assigned its own nick name “Proptech” which is in danger of becoming over used by certain sections of the media! Proptech has come a long way over the past few years and is changing the face of the […]
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10 Key Property Issues for Practice Managers
Everyone is busy and Practice Managers are no exception to that rule. As multi-practice mergers become commonplace and property owning GPs look to retire, premises issues are increasingly making it to the top of all Practice Managers’ to do lists. Some practices are well organised when it comes to their property but others don’t have […]
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Sale and Leaseback: golden opportunity or the ruin of the NHS?
Tom Mason MRICS writes: Pulse recently ran an interesting article about the healthcare developer Assura, ‘GP Partners offload premises as property firm expands practice portfolio by 20%’ (7th June 2016). Assura, a sale and leaseback specialist, has increased its portfolio from 265 properties to 321 in the last financial year showing 21% growth. The article […]
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Surgery Premises Rent Review – Additional Documents
As part of the process of finalising a rent review on leasehold surgery premises, NHS England requires a number of documents and certificates before the District Valuer can be instructed to verify the agreement reached between Landlord and Tenant. In order not to delay matters, it is a good idea to try to ensure that […]
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Technology: is surveying an industry emerging from the Dark Age?
I have spent a lot of time over the last few years trying to drag our office into the twenty first century! In the past, investment in new technologies always involved a hefty upfront spend to purchase the software or hardware before you had even really had the chance to try it out in anger. […]
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Additional Rent Demands
In this post, I’m going to take a look at the recent changes to the Premises Cost Directions and the effect on leasehold rent values. For leasehold practices the landscape has changed recently in terms of their premises. In the past most of the issues around premises were focussed on how they were used and if […]
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Is your surgery leasehold? New NHS rules will affect your rent reviews
Practices occupying property subject to a lease to a third party landlord are facing changes to the way in which their rent reviews will operate, thanks to new NHS directions and guidance (Premises Cost Directions April 2013). Under the previous system, the landlord activated the rent review clause in the lease, specifying a proposed new […]
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Twitter and #NewSurveyorTips
We started our Twitter account (@surgerysurveyor) nearly 12 months ago to the day and I thought I would review a few thoughts I have had from our experience on there. I have made some really good contacts through Twitter: one or two that have generated fees which has been pleasantly surprising but mainly others who […]
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Which survey do you need?
I thought it might be useful to outline the different types of surveys that GP practices may need and the circumstances in which you might need them. Many people don’t realise that there are different types of survey which can cause some confusion. The first thing we’d need to find out is why you need […]
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