Neville Road Surgery Notional Rent case study
GP Surveyors worked for Neville Road Surgery in Luton for the first time in 2018. The surgeries Practice Manager, Farkhanda Mehmood contacted GP Surveyors to obtain a second opinion of the NHS’s proposed Notional Rent valuation, believing it may be low.
Once Mr Mehmood instructed us to carry out his surgeries Notional Rent review, we assigned Brady Harrison, one of our specialist primary care surveyors, to the case.
Having completed his full on-site inspection and compared his findings to the wealth of evidence GP Surveyors hold, Brady was able to put together a strong case, as to why the Notional Rent valuation should have been higher.
The reasons outlined in our case included;
- A low unit rate:
Based on the evidence held on converted surgeries in the area we proposed that a higher unit rate would be more appropriate.
- A discrepancy in the number of car parking space held by the surgery.
- Low value placed on car parking spaces:
We proposed that a greater value be attached to the surgery’s car parking spaces, due to comparable evidence of surgeries in the area.
Following negotiations with the district valuers, based on comparable evidence to support the above factors, we agreed on an increase of 15%, above the NHS’s initial valuation, benefiting the surgery by thousands of pounds.
Farkhanda Mehmood, Practice Manager, Neville Road Surgery, said;
“It’s the first time I have used GP surveyors and I have found them to be extremely open & professional. They made my life easy – I didn’t have to do anything apart from forward a couple of emails and the rest was quietly and efficiently completed by them in the background. We received over 2K uplift to our notional rent and it didn’t even take a month for the turnaround.”
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