Published date: 12 April 2019
Saving £700,000 per annum for the NHS by relocating occupiers
The lease expired in October 2018 and the landlord wanted to develop the site, meaning a relocation was needed.
Being a smaller space requirement than the office space we had more options to consider, and NHS Property Services (NHSPS) managed to absorb the entire requirement into existing sites, for example University College London Hospital. We also supported the operations of vacating the site and handing it back to the landlord.
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Not needing to acquire any new space meant NHSPS achieved huge savings for the NHS: £700,000 per annum on rent, service charges and business rates.
