Have you considered the prospect of an increase in your notional rent?

Notional Rent is reviewed every 3 years by a NHS representative (often the District Valuer). GP Surveyors are able to give GP practices an independent review of the NHS representative’s opinion; this makes sure that the practice gains the correct rent reimbursement, enabling you to increase income and improve capital value.

Is your tenant’s rent review due? Or has your tenant’s lease expired?

GP Surveyors are able to give professional advice based on your lease and then tell you if you are missing out on some valuable income.

Is the rent that your tenant pharmacist is paying too low?

Have you considered installing a pharmacy at your GP premises?

GP Surveyors will help you to explore the feasibility of installing a pharmacy, thereby enabling you to increase income and capital value, and deliver a convenient service to your patients.

Explore the option of selling your GP surgery to an investor and then lease it back from them

Sale and leaseback allows a GP practice to sell the premises to an investor, but you would continue to work from the site while paying rent to the investor (in effect, the investor becomes your landlord).

You can achieve a number of benefits by doing this, including:

• Releasing equity from your practice
• Supporting succession planning
• Eliminating some barriers to recruitment
• Removing the burden of ongoing capital investment in your premises
• Being exempt from stamp duty land tax (assuming all owners become tenants)

Partnership change, retirement, acquisition, sale, sale and leaseback

It is vital that you know the precise market value of your GP premises. You may also need a valuation in the following circumstances:

• Financial accounting
• Tax liabilities
• Mortgage loan requirements
• Development
• Rent review
• Setting up a lease
• Or perhaps you just want to know the current market value?

Lease negotiations and renewals

GP Surveyors can provide a consultancy service to both tenants and landlords. They are committed to protecting your interests and achieving the best possible outcome.

• Is your rent review due?
• Are you paying too much rent as a tenant?
• Are you a landlord whose tenants are paying too little?
• Do you think there are any pitfalls in your lease?
• Is it time for a lease renewal?
• Is your lease coming to an end?
• Do you need to set up a lease?