Neil Mason Associates has enjoyed an on-going relationship of 15 years with this GP practice, which has been operating from purpose-built premises in north Northamptonshire since 1996.

The practice has expanded its range of services over the years and now provides services to approx 28,000 patients. The building has been extended and expanded on six occasions, including most recently, to provide facilities for a recently secured one-stop shop contract covering a minor operations capability and increased pharmacy capacity.

Neil Mason Associates has provided regular formal Red Book valuation reports both for partnership purposes and to support the on-going development requirements for the site. We have worked closely with the client at all times to ensure the valuation advice has met the client’s exact requirements. Informal interim discussions have also taken place on a regular basis. Valuations have also been extended, when required, to third party funding sources for project finance purposes.

With such a large number of extensions to the building over a relatively short time period, the tri-annual Current Market Rent (CMR) reviews were becoming increasingly complex. Discussions with the District Valuer and the PCT resulted in a single harmonised CMR date and rental figure for the whole premises, which has greatly eased the administrative input.

The practice has expanded its range of services over the years and now provides services to approx 28,000 patients. The building has been extended and expanded on six occasions, including most recently, to provide facilities for a recently secured one-stop shop contract covering a minor operations capability and increased pharmacy capacity.

Neil Mason Associates has provided regular formal Red Book valuation reports both for partnership purposes and to support the on-going development requirements for the site. We have worked closely with the client at all times to ensure the valuation advice has met the client’s exact requirements. Informal interim discussions have also taken place on a regular basis. Valuations have also been extended, when required, to third party funding sources for project finance purposes.

With such a large number of extensions to the building over a relatively short time period, the tri-annual Current Market Rent (CMR) reviews were becoming increasingly complex. Discussions with the District Valuer and the PCT resulted in a single harmonised CMR date and rental figure for the whole premises, which has greatly eased the administrative input.

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