Surgery ownership and development

The most important individual transaction which many GP practices undertake is the acquisition of new surgery premises, or the refurbishment or expansion of their existing site.

We have dealt with a large number of such developments in recent years. These have included developments carried out by GP practices themselves and schemes where development has been undertaken by a ‘third party’ developer, coupled with lease backs to partners.

We have constructed suitable schemes to cover situations where more than one practice occupies the same site, and we are particularly experienced in the arrangements between GP practices and related occupiers such as pharmacies, dentists and other ancillary users.

Of particular importance is the arrangements which each partnership makes in regard to the transfer of property interests on the retirement of existing partners, or the introduction of new partners. The arrangements that we have made in this respect have achieved widespread authority and credibility within the GP’s profession.

We are involved in the LIFT scheme and expect to be involved in a number of such schemes as they proceed.