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This week we launch a short series for the summer on GP premises. In this first episode Ben is joined by surveyor Paul Conlan who has a wealth of experience in primary care and is Operations Director at GP Surveyors. Are GP premises still a good investment? What happens to the “last man standing”? What are leases? And should you challenge the District Valuer? These questions and more are answered by this illuminating discussion.

Show Notes

Why GPs might not want to own their own premises (53secs)

Building equity in premises (2mins 09secs)

GP premises – still a sound investment (3mins 03secs)

If you can afford it – buy in (3mins 49secs)

Succession – buying out the exiting partner (4mins 30secs)

Incoming and outgoing partners (5mins 33secs)

Leases – regulating the agreement (6mins 24secs)

Always have a lease in place (6mins 50secs)

Abiding by the partnership agreement (7mins 55secs)

Reviewing the partnership agreement – disputes over valuation (8mins 47secs)

Valuations – valuing different things – a real life example (9mins 34secs)

Thinking about sale and lease back (10mins 37secs)

Better to own premises? (12mins 29secs)

Operating at scale to spread risk and keep premises (15mins 21secs)

The Business vs the individuals in The Business (15mins 55secs)

The estate strategy of mergers (16mins 39secs)

Parity of partners in relation to the estate (18mins 04secs)

Challenging the District Valuer’s opinion (19mins 22secs)

The importance of the DV’s opinion (20mins 53secs)

Finding out more – the services offered by GP Surveyors (20mins 53secs)

GP Surveyors website is at www.gpsurveyors.co.uk