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...

Confidential Deal


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, Darras Hall


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 Investment Hospital


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


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 more

Christie & 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 more

East Bank Medical Centre in Sheffield sold

Specialist business property adviser, Christie & Co, has announced the sale of East Bank Medical Centre in Sheffield.

Read more

South 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 more


Blogs

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 more


Major 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.

Read more


Publications