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NHS Property Services Limited

Answer

The Chair of NHS Property Services Limited (NHS PS) has resigned after successfully steering the company through its setting up, launch and transition. He was appointed on 1 August 2012, on a two year contract.

The decision as to whether a property in the portfolio of NHS PS is surplus to National Health Service operational requirements resides with the commissioners, i.e. NHS England or a clinical commissioning group. NHS PS will only take forward a property according to the needs of commissioners, and a property will be released for disposal once commissioners have confirmed that it is no longer required for the delivery of NHS services.

NHS PS’s assets which are to be sold are marketed through an arm’s length open market process, which ensures that the market value is achieved in a sale. Where necessary the sale price is supported by the

District Valuer or other third party independent valuations. All disposals are handled in line with NHS Estatecode and Cabinet Office and HM Treasury guidelines.

Property to be disposed of is first listed on the Electronic Property Information Mapping Service website, which allows other public sector bodies to purchase it. Properties are listed on this website for 40 working days and if no other public sector organisation expresses an interest then they will be marketed.

Since the establishment of NHS PS on 1 April 2013, the company has disposed of 16 freehold properties, generating £13.1 million of receipts for the public purse. Information about the sales of surplus NHS land and buildings disposed of by NHS PS are published in their board papers.

The following table lists the property and date it was sold, the amount it was sold for and the market value.

Asset Name and Address	Date of Completion	Contracted Sale Price (£ million)	Estimated Market Value (£ million)
The Link Health Centre, Farrer Street, Stockton-on-Tees	4 Apr 2013	0.085	0.085
Poole House, Stokesley Road, Nunthorpe	1 May 2013	2.715	2.715
St James' Hospital, Development Land, Riverhead Close, Southsea	7 May 2013	0.765	0.800
The Elms Health Centre, High Street, Potters Bar	13 May 2013	0.465	0.465
Windmill House, Everett Close, Bushy Heath	22 May 2013	5.100	5.000 & 5.200
Redclyffe House, 63 The Avenue, Gosport	30 May 2013	0.477	0.477
3 Auckland Road, Scunthorpe	7 Jun 2013	0.085	0.085
72 Laburnum Avenue, Wallsend	14 Jun 2013	0.090	0.090
Devizes Clinic, New Park Street, Devizes	27 Jun 2013	0.395	0.395
Upton Clinic, Weston Grove, Upton	8 Aug 2013	0.170	0.170
St Johns Surgery, Manor Farm Road, Huyton	14 Aug 2013	0.060	0.060
Balsall Common Clinic, 148 Station Rd, Balsall Common, Coventry	16 Aug 2013	0.230	0.185
Blacon Health Clinic, Church Way, Blacon	28 Aug 2013	0.255	0.255 & 0.185
Alcester Hospital, Priory Road, Alcester	30 Aug 2013	1.400	1.125
17 Castle Street, Worcester	6 Sep 2013	0.283	0.283 & 0.162
Health Clinic, Market Square, Bishops Stortford	16 Sep 2013	0.590	0.475

Note:

These properties were based on a market value range

The sale of these properties made a total profit of £495,500, above estimated market value.

The identity of purchasers cannot be released to protect their confidentiality.

Secondary information

Type

Written question

Reference

HL2902; 749 cc51-2WA

Session

2013-14

Subjects

Buildings Land NHS Prices Sales Valuation NHS Property Services

Contains statistics

Yes

Link

View this Written question on www.parliament.uk