GP Surgeries Recent Activity
We have extensive experience working with GP businesses and have formally valued 433 practices, with a total value of c. £581 million in the last five years. Below are some recent examples of medical investment sales we have brokered...
Health Centre Investment, South Yorkshire - UNDER OFFER
- Modern (last ten years), purpose built health centre
- Accommodation over two floors
- c. 50 parking spaces
- GMS space of c. 675 sq m with a Notional Rent in excess of £100,000
- Includes integrated pharmacy investment
Bupa Dental Care, Northumberland - COMPLETED
- Two properties in Northumberland and Cumbria operated by Bupa Dental Care
- Freehold interest sold off a guide price of £450,000 equating to a 7.05% yield
- The sale enabled the freeholder to achieve a premium price for their properties due to the strength of covenant
- Purchased by an experienced dentist, who concluded the sale in just one month
Private Hospital Investment Sale, Darlington - COMPLETED
- Acting on behalf of Legal and General in the sale of their freehold investment interest in the BMI Woodlands Hospital
- The hospital provides a range of services within a 56,747 sq ft building, with an unexpired lease term of 13 years at the time of sale
- Completed in August 2020 following a highly competitive process to a major overseas investor for £29.4m
- Deal completed within eight weeks of instruction
Woodland Drive Medical Centre, Barnsley - COMPLETED
- Medical centre fully let to three GP medical practices, purpose built in 2014
- Provides services to over 4,000 patients
- The previous owner, Lo's Pharmacy, decided to sell in order to focus on other acquisitions
- The centre was acquired by Assura, one of the UK's leading healthcare REITS, adding Woodland Drive to its portfolio of 553 GP surgeries
Press Release
New Associate Director joins Christie & Co’s North West Medical Valuation team
Specialist business property adviser, Christie & Co, has announced the appointment of Associate Director, Oliver Potts, to its medical valuation services team.
Read moreChristie & Co appoints new Managing Director of its Medical division
Specialist business property adviser, Christie & Co, has promoted Paul Graham to the position of Managing Director – Medical.
Read moreEast Bank Medical Centre in Sheffield sold
Specialist business property adviser, Christie & Co, has announced the sale of East Bank Medical Centre in Sheffield.
Read moreSouth Yorkshire medical centre sold through Christie & Co to Assura
Specialist business property adviser, Christie & Co has sold Woodland Drive Medical Centre, located in the South Yorkshire town of Barnsley, to Assura, a leading healthcare real estate investment trus...
Read moreBlogs
Autumn Budget 2021 Response
On Wednesday 27 October 2021, the Chancellor of the Exchequer presented his Autumn Budget and three-year spending review to Parliament. Notably, this was his first Autumn Budget since the UK went into...
Read moreMajor Instructions
VALUATION | Lancaster Medical Group
Lancaster Medical Practice are an established GP practice in the North West. They operate from eight properties, seven of which are owned.
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