New NHS Premises Cost Directions 2024
18th June 2024The 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 […]
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Impact of Interest Rates and Market Update
22nd October 2023The last 12 months has been an interesting period of time largely due to the increase in interest rates. This has had a dramatic impact upon the value of property and also the costs of property, notably by way of mortgage. Valuations It follows that the investment yield applied in undertaking a commercial property […]
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Practical Wellbeing Advice for GPs Facing Overcrowded Medical Facilities
21st February 2022There 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 […]
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How GP Practices Can Maximise Property Income
1st February 2022If 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 […]
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Primary Care Planning Under PIP
28th October 2020Primary Care provisions under pressure as ‘GREEN LIGHT’ to ‘fast-track’ planning for 300,000 + new homes each year What are the implications to the primary care sector and how will enough medical care be provided for the inhabitants of 300,000 new homes to be built each year? Adam Thompson, of property specialist, Primary Care Surveyors, […]
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Property obsolescence in the Primary Care sector?
11th August 2020Adam Thompson of Primary Care Surveyors, specialists in all property matters in the primary care sector, looks at the way practices may have to change after COVID-19. In order to both be safe and provide the best care for patients post-pandemic, what will the Primary Care sector look like, and why is property obsolescence a […]
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Townhill Medical Centre – ‘Sale & Leaseback’ attracts new partners to the practice
1st May 2020Adam Thompson of Primary Care Surveyors (PCS) has successfully negotiated a ‘Sale & Leaseback’ transaction for Townhill Medical Centre in Guards Avenue, Caterham, which had the added effect of attracting new medical partners to the practice at a time when the existing partners had retired. Townhill Medical Centre in Caterham provides crucial health care services […]
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Primary Care Surveyors appointed to deliver new Victoria Drive Medical Centre
18th March 2020Adam Thompson of Primary Care Surveyors has been appointed to manage the transition of two separate GP practices into one new, state-of-the-art medical centre in Victoria Drive, Eastbourne, East Sussex. The Green Street Clinic and Enys Road Surgery in Eastbourne occupy similar ‘house conversion’ surgeries, and both have outgrown their current space due to increasing […]
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New Lease of Life at Lifeboat Quay Medical Centre
1st December 2019Leading 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 […]
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The Changing Landscape of Primary Care Property
25th September 2019Primary 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, […]
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Rental Value of GP Surgeries
1st September 2019We 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 […]
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Valuations of Surgeries
1st November 2018This 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 […]
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Single Hander GPs
1st August 2018The 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 […]
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The NHS at 70 – Stability and Transformation
1st July 2018With 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 […]
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Fundraising success at the Dulux Trade London Revolution 2018!
14th May 2018Over the weekend of 12-13th May 2018, Adam Thompson of Primary Care Surveyors, and his 9 teammates, joined over 2,500 riders to complete the 185-mile Dulux Trade London Revolution cycle ride in order to raise money for charity. After cycling nearly 300km around London (and spending a night in a tent!), Adam and the team […]
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Cycling the Dulux Trade London Revolution 2018 for UK charity Meeting Needs
1st May 2018Adam Thompson, Director of Primary Care Surveyors, is donning lycra at the weekend and joining his 9 teammates to complete the arduous 300km route around London over 2 days to raise £4,500 for charity. Day 1 of the event will see London Revolution participants cycle just over 100 miles through Central London and out of […]
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The Rise of the Super Practice
1st March 2018Adam Thompson, Director at Primary Care Surveyors, specialist in the healthcare property market, investigates and explains the issues with which the NHS and GPs have to contend. Article first published in the March 2018 issue of Health Estate Journal, the monthly magazine of the Institute of Healthcare Engineering and Estate Management (IHEEM: www.iheem.org.uk) With the […]
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Primary Care Update – Organisations and Transformation
1st February 2018The new year has started well, with the initiative to deliver new medical centres finally gathering momentum. CCGs are demonstrating a tendency to be more receptive towards considering proposals for new medical centres, where the proposals are deliverable, which is most encouraging. The main scheme for funding is the Estates and Technology Transformation Fund (ETTF), […]
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GP Premises – Top Ten Tips
1st January 2018Top 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, […]
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2017 in Review
1st December 2017It 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 […]
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Sale and Leaseback Transactions Explained
8th November 2017Sale 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 […]
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NHS Property Services Update
1st November 2017Many Practices have now received proposed Heads of Terms from a firm of surveyors, Montagu Evans, acting on behalf of NHS Property Services. These Heads of Terms outline a lease which in most instances is for 25 years, although the landlord has the right to break the lease upon six months’ notice. However, fortunately, the […]
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Succession and the Impact on Property
1st September 2017The recruitment and retention of GPs has long been a challenge for practices, and in recent years this has been compounded by the baby boomer generation nearing retirement. This has put many practices at risk of having an insufficient number of partners, and left them potentially vulnerable. Furthermore, there has been a shift in the […]
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120 New GP Surgeries & Medical Centres Required in the Green Belt by 2025
1st August 2017With 360,000 new houses planned on green belt land as part of a new housing boom, Adam Thompson, Director at Primary Care Surveyors – specialists in the primary care property sector – warns that little regard or attention is being paid to the required social infrastructure to support those new housing developments, regardless of Section […]
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Lease Issues
1st July 2017I have recently advised a few GP practices concerning similar issues regarding the identity of the tenants on the lease. When premises are leased from landlords, it is imperative to ensure the names of the individual tenants are kept up to date. Where a lease is granted for a surgery, a partnership cannot be a […]
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