Surgery valuations

I bought my share in the surgery five years ago on joining the partnership. I was shown two values: one based on what the surgery's building costs; the other calculated on the notional rent paid by our PCT. I opted for the latter as it was lower. Since then a partner has retired and we recently took on a new partner. But our accountant says that our partnership deed clearly states that the cost of buying into the premises must be based on either the current market rent (CMR) value or building costs less improvements grants. As the option I chose cannot be re-used, is it OK to use our notional rent to calculate a value?


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