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Published date: 12 April 2019

Saving £1.5 million for the NHS by vacating under-used property

NHS Property Services (NHSPS) identified that the space wasn’t fully used, with two floors already handed back but still not achieving optimum space utilisation. However, with four to five years left on the lease and no break option, it was difficult to relocate.

By coming out of the original lease early and moving to smaller site, NHSPS helped the NHS save £1.5 million, in addition to the competitive incentives package on the new lease for the CCG.

Read the full case study

We took a new 10 year lease of an office block in the centre of Bradford, negotiating a good incentives package: £8 per square foot (below market rent), 13 months’ rent free (coming to £230,000 in savings), and £550,000 towards capital fit out works.

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