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Selling a surplus site, generating over £15m for reinvestment in the NHS Estate

Barnet Clinical Commissioning Group (CCG) announced the site surplus to requirements in September 2017, and the property had been vacant since 2011. NHS Property Services (NHSPS) then had to deliver the greatest value for the NHS, maximising the site’s value and finding a suitable buyer.

Securing planning permission for residential units helped us to sell the site for £15.5 million, £7.5 million more than the original valuation, which can now be reinvested into the NHS estate. Surrendering liability of the site will also save the NHS £60,000 per annum in running costs.