GP Surgery Valuation & NHS Lease Renewals Case Study
– Lady Margaret Road Medical Centre, Southall, London
GP SURGERY VALUATION & NHS LEASE RENEWALS CASE STUDY – When undertaking a strategic review of his interest and 57 Lady Margarets Road, Southall, landlord Isaac Raham was aware of the need for Independent professional advice from a surveyor with a thorough understanding of the various issues affecting the value of the property asset.
Isaac sought advice from Bryan Wootten of Wootten Dean surveyors, a firm specialising in GP surgery valuations and reflected “I hadn’t worked with Bryan previously, so initially I was keen to ensure that he really did have a comprehensive understanding of the NHS primary care sector. Having spoken to Bryan prior to confirming instructions, I was assured that this was the case; Bryan’s advice concerning NHS procedures relating to lease renewals provided a helpful starting point for our review of the property asset.”
Following his inspection of the surgery and research of comparable market evidence, Bryan compiled his valuation report. He explained “I believe It’s important that a valuation report clearly explains to the client the approach adopted and the evidence considered when arriving at an opinion of value so that the client has a real understanding of the reasoning adopted by the valuer. I also think that it is important for the client to be able to raise any queries that he may have.”
Issac appreciated the opportunity to discuss issues with Bryan throughout the process “ Bryan promptly returned my calls and answered my queries – as a client this was important to me.”
ABOUT US
Wootten Dean is an established property consultancy led by Bryan Wootten who has over 15 years of experience as a valuer and general practice surveyor. Bryan is an RICS Registered Valuer who deals with a range of property types and has a special interest and focus on the NHS primary care environment.
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