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10 Tips when needing a Valuation

Have you been told you need a valuation but you’re not sure where to start?  Why not have a read through our helpful checklist to get you started. 1. Think about it in advance, it can take 4-6 weeks from the point of contacting the valuer to receiving the report especially allowing for booking in […]

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What is a Red Book Valuation?

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 […]

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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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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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Tony Young

Client representation: protecting your interests

Employing a project manager will ensure that your practice is properly represented and potentially save you thousands. With all the talk of funding being released for new medical facilities, you might well be thinking seriously about putting together a proposal. You might even be one of the lucky few whose project has reached the top […]

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18 Market Square Northampton

A (colourful) challenge…

  It’s not every day we get to pore over paint charts in the office, indulging our artistic side, but that’s exactly what we did for one of our latest projects. We’ve recently managed a programme of roof repairs and façade decoration for a Grade II listed building owned by a client in the centre […]

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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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Tenant in arrears? What next? Part 3.

So, this is the final instalment in my series of dealing with tenants in rent arrears. Over the last few weeks, I’ve looked at Forfeiture, Pursuing the Guarantor and Statutory Demands. Now we come to Distress or ‘sending in the bailiffs’. As I’ve said before, it’s important to take professional advice when working out which […]

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