Premises funding

Q: We are planning to expand our cramped surgery into the PCT-owned clinic next door. We are at a stage where both we and the PCT are going to sell our premises to a third-party developer that will refurbish the much larger premises for our use. The district valuer seems happy to accept the threefold-plus increase in market rent value. However, our solicitor advises caution, saying there are vague suggestions that cost and notional rent may be abolished and GPs could be given a 'flat amount' according to list size. We would be badly out of pocket if this happened. Are these rumours true?

YOU NEED TO SUBSCRIBE TO VIEW THIS ARTICLE

Already subscribed? Log in here

Subscribe to Medeconomics

Sign up for a 14-day free trial

Please enter your details

Forgotten Password?

Forgotten password?

Having trouble signing in?

Contact our online support team at support@medeconomics.co.uk

[DAYS_LEFT] days left of your Medeconomics free trial

Subscribe now

Your free trial has expired

Subscribe now to access Medeconomics

"I did not have to think twice about subscribing to Medeconomics... I find this website the only place I can find an up to date and accurate database of fees"

Pratice Manager, Canterbury