A forward funding deal to develop a £3.1m medical centre in Bristol has been arranged by primary care specialists at the city office of property advisers GVA.
Acting on behalf of Bristol construction group Kitto, GVA concluded the deal with Primary Health Properties (PHP), the UK’s leading investor in primary healthcare facilities, for the new Leap Valley Medical Centre in Downend. 
The 1,000 sq m centre will be let to GPs at the existing practice when building work finishes in November next year. As well as funding the deal, GVA also negotiated the lease arrangements, initially structured over a 21-year term, between the GPs and PHP. Work has just started onsite.
Senior director and head of GVA health, Richard Taylor, said: “This project is the result of many years’ development and planning behind the scenes by all the concerned parties. The new facilities are much needed and will serve the practice well for many years to come.”
The new two-storey building will feature 10 consulting rooms, two treatment rooms and a minor operations unit, as well as an on-site pharmacy, meeting and training rooms and staff facilities.
It will be home to seven GPs and 24 staff. The surgery, which serves 10,500 patients, currently operates out of cramped conditions in two 1950s semi-detached houses.
GVA has one of the UK’s leading primary care property advisory teams offering services across the property lifecycle from estate strategy, lease consultancy, building consultancy, valuation, planning and agency.
