NHS Medical Centre LIFT Portfolio

The Challenge

We were instructed to value the freehold investment portfolio of 19 medical centres all procured under the Local Investment Finance Trust (LIFT) structure.

The 19 assets are all purpose-built high quality facilities located in the North West, Sheffield and Cornwall. The Integrated Care Centre in Oldham is one of the largest primary care facilities in the UK at over 100,000 sq ft.

The Solution

We provided a detailed valuation report on all the assets, both on an investment basis and assuming vacant possession. The portfolio produces a current income of over £15 million per annum, the majority of which is paid by the NHS.

The Result

The valuation of the portfolio was over £350 million. The client came to us because of our extensive experience in valuing other medical centre investments and particularly LIFT assets.