At the forefront of GP’s minds when considering a new development is what to do with the soon to be redundant existing surgery building. Concerns surrounding the book value and the alternative use value. Often it is the case that the vacant possession market value is less than the value as a doctor’s surgery. GP’s therefore believe they are in a theoretical negative equity situation. We have exceptional experience in advising Practices on the most advantageous methods of closing the difference with innovative mechanisms aimed at guaranteeing acceptable disposal terms.