Evidence-Led Uplifts for Veterinary Landlords (Case Studies)
Veterinary rent reviews need sector expertise
Veterinary premises are a specialist corner of the property market. Whether it is a converted house operating as a small animal surgery, a two-storey hospital with extensive clinical fit-out, or an equine clinic with unique location and operational requirements, rent reviews demand sector knowledge, strong evidence, and confident negotiation.
At Vickery Holman, Amy David MRICS and our Lease Advisory team have built a strong reputation for helping veterinary landlord clients secure fair, evidence-led outcomes at rent review, with the majority delivering strong rental increases. Below are a few examples of recent success stories.
Case studies: recent outcomes across the UK
Oxfordshire
Amy acted for the landlord on a rent review of a converted residential property. With the rent agreed, she negotiated and secured a substantial uplift of £15,000 per annum, bringing the premises up to market rent and strengthening the value of the client’s investment.
Exeter
On a mid-sized small animal hospital in Exeter, Amy negotiated and subsequently completed a third-party rent review determination via independent expert. The outcome delivered a £7,800 per annum uplift for the client.
Devon
Amy negotiated the rent review on a large mixed practice, analysing evidence across both small and large animal premises. The outcome delivered a £14,000 per annum uplift, backdated by two years, securing back rent for the landlord and bringing the rent up to market levels.
Hampshire
Vickery Holman acted for a landlord of three surgeries across Hampshire, all with differing sizes and trading characteristics. Using the best evidence for each, including retail and dental evidence where appropriate, Amy secured increases at all three properties whilst maintaining a positive landlord-tenant relationship.
Client feedback
“…able to present the tenants with a robust proposal for a significant increase in the rent. I was very pleased with the result…”
Veterinary landlord, Somerset
“…gave me clear and concise advice at every stage, which made decision making very easy.”
Veterinary landlord, Hampshire
How we can help veterinary landlords and operators
The team at Vickery Holman is experienced in the negotiation and valuation of veterinary practices, including rent reviews, lease renewals, pension valuations and inheritance tax work. Please get in touch if you think we can help.
Find out more about our healthcare expertise here: Healthcare Property Services: Expert Advice and Support – Vickery Holman
