Recently Toryglen Medical Centre in Glasgow, instructed GP Surveyors, for the first time, to carry out a review of their Notional Rent. The surgery required a second opinion on NHS Scotland’s original valuation, believing the initial figure may be too low.
Toryglen Medical Centre is a purpose-built surgery, located in Glasgow, with over 1,600 patients.
Upon instruction we assigned one of our surveyor’s to the case, Tom Simpson, who visited the surgery to carry out a full onsite inspection. Having gathered all the necessary information and compared this to the wealth of evidence GP Surveyors hold, Tom was able to put together a strong case to challenge the District Valuers original valuation. The basis for appeal, being the surgeries Notional Rent unit rate was too low, compared to that of similar purpose build surgeries in the area.
As a direct result of our appeal, we achieved an increase of 9.34% in Notional Rent from the NHS Scotland’s original determination, benefiting the surgery by thousands of pounds extra income. In addition, the increase in their Notional Rent is likely to have increased the capital value of the surgery.
Dr Linda Wright, Toryglen Medical Centre, said:
“This is the first time I have used GP Surveyors and was delighted with the prompt, friendly, efficient service. They kept me informed at every step of the way and were successful at increasing the notional rent. I am very grateful. I would use them again and recommend them in an instant.””
This case is a perfect example of how just a small difference in unit rate, can amount to a significant increase in Notional Rent and a welcome boost to a practice’s income.
When our Notional Rent service fee is calculated from the increase generated (no increase = no fee), there really is nothing to lose.
We hope you have found our Toryglen Medical Centre case study useful. To see our full range of Notional Rent case studies click here.