Premises Update

  • Sale & Leaseback Opportunities

    Bute Surveyors have discussed with numerous doctors the possibility of selling their premises and occupying under a lease. There are various advantages and disadvantages to these transactions which need careful consideration.

    We have a number of investors who are keen to purchase modern purpose built surgery premises. GP’s should obtain professional property advice with extensive knowledge of this specialised market to achieve the best price. Contact us should you wish to proceed with a sale & leaseback as you will require the approval of your Primary Care Trust and their advisors to any sale & leaseback. Please note that it is very unlikely that converted premises would be of interest to investors.

  • Notional Rent Assessments

    Good quality purpose built surgeries are continuing to see increases in their rental assessments. GP’s should endeavour to present their premises to the best standard before the District Valuer inspects on behalf of the Primary Care Trust. Clean well decorated premises make a better impression and therefore lead to higher assessments.

    Bute Surveyors offer a free initial assessment of current market rent assessments. We operate on a success related fee basis – the risk is ours in challenging your assessment. Be equally represented as your Primary Care Trust in the rent assessment of your surgery.

    Our Clients are spread across the whole of Wales and West of England. Our database of comparable rentals allows us to comprehensively represent GP’s in negotiations with the District Valuer. References available upon request.

  • Capital Valuation & Other Services

    Often Bute Surveyors prepare capital valuations for GP’s of their surgery premises. These valuations are required for a variety of purposes including changes in partnerships, matrimonial proceedings, financing. Bute Surveyors are aware of the complexity of these valuations and the requirements of the Royal Institution of Chartered Surveyors concerning these specialist premises.

    Rent reviews of other medical related properties are regularly undertaken by Bute Surveyors due to their specialist knowledge of the healthcare sector.

    To unsubscribe to this newsletter please click here.


T:- 0117 905 8703 E:- bristol@butesurveyors.co.uk