Long-term client West Rainton Surgery, Tyne & Wear benefits from another Notional Rent review
Upon completion of the practice’s Improvement works, the Finance Manager of West Rainton Surgery requested a re-assessment of their notional rent.
The surgery has instructed GP Surveyors to undertake their notional rent reviews since 2008. So, having received the latest CMR6 form, the Finance Manager once again contacted GP Surveyors and asked them to review the revised payments.
GP Surveyors specialise in reviewing rent payments for practices like West Rainton and ensuring that they receive fair payments for their services. With the ever-increasing costs of running a practice, it’s essential that rent payments keep up. These negotiations require a specialist primary care surveyor with access to a wealth of comparable valuations evidence to negotiate with the NHS’s representatives, the District Valuers.
On this occasion, the surveyor allocated to this case was Dave Smith, who duly set to work.
In West Rainton Surgery’s case, there were several factors that needed to be addressed during the review. The first was an increase in eligible floor area. Despite initially facing a lot of resistance from the District Valuer, Dave persisted and managed to secure an area increase of 4.32%.
The second point of contention was the unit rate, which hadn’t been increased for the areas of the surgery that had been improved. The District Valuer had not offered any increase to these areas, but Dave managed to negotiate an increase of 6.42%. With these two wins under his belt, Dave moved on to the car parking and was feeling optimistic about the overall outcome of the negotiations.
The final issue that Dave had to deal with was the parking rate. This was another factor that the district valuer had attempted to offer an unfavourable rate for, but Dave managed to increase the rate by an impressive 15.56% from the original offer. This was a great victory for the practice, and it would have a considerable impact on their overall rent payment.
Thanks to the tireless efforts of Dave Smith, the practice was finally receiving a fair notional rent compared to other local practices. Each individual increase may seem small, but when you add them all together, the results were significant for the practice’s finances. They can now rest easy knowing that the practice is getting what is fair and that the practice can continue to provide high-quality care to its patients without the added stress of unfair rent payment.
“I just wanted to formally record my thanks for all your efforts with this Notional Rent case. I thank you for your perseverance in achieving such a very good outcome.”
West Rainton Surgery, Finance Manager.
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