Published date: 12 April 2019
These two office buildings had six NHS tenants including NHS England and Midlands & Lancashire Commissioning Support Unit (CSU).
The lease at Regatta Place had expired and was rented above market rate, whilst Bevan House was underutilised (a void of 45% below capacity, set to increase further).
NHS Property Services specialists in asset management, facilities management and construction ran an assessment of options, and consolidated the NHS functions onto a smaller footprint (reduction of 500 SQM) within Regatta Place which allowed the termination of the lease at Bevan House.
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By rationalising the NHS estate and achieving efficiency savings, we helped the NHS achieve savings of £2 million across a five-year period.