Services

Vetprop has an established portfolio of veterinary properties throughout England, some of which have been held for over 20 years.

Landlords Database

Vetprop is launching a new free service to help the growing number of veterinary landlords determine up to date rent levels from their tenants. When it comes to rent reviews there is often a scarcity of comparables in the veterinary sector. The aim of the vetprop list is to share rent levels between veterinary landlords so that up to date and fair rent levels can be achieved. The more data that can be collected here the more helpful this service will be.

Please register your interest at info@vetprop.co.uk and we will be in touch to collect the data to add to the growing list of veterinary surgeries.

The list will only be available to landlords registered with vetprop though we cannot guarantee that registration details will not be passed on.

Valuation

As probably the largest private veterinary landlord in the UK, Vetprop can provide an accurate sale or rental valuation for your property. Our experience spans urban and rural property from north to south. If your property meets our investment criteria we will be very willing to make an offer to purchase.

Sale and leaseback

Vetprop offers a flexible sale and leaseback service. We purchase the property, typically from the existing partners, and then lease it back to the business on a long and secure lease. This arrangement can be used for a number of purposes:

  • To secure the retirement of an exiting partner;
  • To restructure and allow junior partners to be appointed without the need to pay for a share of the property;
  • To release funds for further expansion of the veterinary business;
    To resource other projects;
  • As a stepping stone to a future trade sale;

There is still much activity with the major corporates looking for good veterinary businesses. The corporates however do not purchase property and so any sale and leaseback arrangement will not affect any trade sale. This will simplify and strengthen the position for a sale.

The sale of any property can have potential tax benefits depending on the circumstances and proposed structure. Vetprop has established many contacts among specialist professionals who could offer guidance if required.

Property and Practices

As a specialist veterinary property investor Vetprop is actively looking to add new surgeries to its portfolio. We are not involved in the running of veterinary practices and can help facilitate the transfer of practice ownership. We work with the UK’s leading veterinary corporates and private groups and can achieve the simultaneous trade sale of the business and the property sale to Vetprop.

Property for sale

Vetprop provides a bespoke platform for current owners to offer their surgery for sale – please see “Veterinary Surgeries For Sale” to see the current listings. This offers a better sale platform than local commercial agents as a veterinary surgery is a specialist investment. In the first instance please contact Vetprop to discuss your surgery sale. There is no fee for this arrangement.

New build

Successful veterinary practices often outgrow their existing premises and sourcing and funding new surgeries can be notoriously difficult. Vetprop has several decades experience of finding sites, purchasing and working to produce a modern veterinary surgery or hospital. It works closely with planners, designers, engineers, project managers, builders, IT and equipment specialists to produce first rate premises. We are always willing to consider new build and major refurbishing developments on a sale and leaseback basis and in some cases make a contribution towards fit out.

Site finding

Over the years Vetprop has developed excellent contacts in the property field that supply us with information on potential sites, some often before they come onto the market. These can be green field sites, redundant pubs, former Doctors’ surgeries, small industrial units, existing D1 buildings, shops and houses with parking suitable for conversion. If you are seeking a site in one or more locations please contact us, in complete confidence, to discuss your requirements.

Contacts

Vetprop has gained huge knowledge and contacts in the property field including lawyers, surveyors, planning consultants, architects, designers, contractors and project managers. Our experience covers areas such as planning, rent reviews, dilapidations, lease holders improvements and all property matters. We will always be willing to discuss potential projects and issues with practices and commercial landlords and point them in the direction of our experts.

Valuation

As probably the largest private veterinary landlord in the UK, Vetprop can provide an accurate sale or rental valuation for your property. Our experience spans urban and rural property from north to south. If your property meets our investment criteria we will be very willing to make an offer to purchase.

Sale and leaseback

Vetprop offers a flexible sale and leaseback service. We purchase the property, typically from the existing partners, and then lease it back to the business on a long and secure lease. This arrangement can be used for a number of purposes:

  • To secure the retirement of an exiting partner;
  • To restructure and allow junior partners to be appointed without the need to pay for a share of the property;
  • To release funds for further expansion of the veterinary business;
    To resource other projects;
  • As a stepping stone to a future trade sale;

There is still much activity with the major corporates looking for good veterinary businesses. The corporates however do not purchase property and so any sale and leaseback arrangement will not affect any trade sale. This will simplify and strengthen the position for a sale.

The sale of any property can have potential tax benefits depending on the circumstances and proposed structure. Vetprop has established many contacts among specialist professionals who could offer guidance if required.

Property and Practices

As a specialist veterinary property investor Vetprop is actively looking to add new surgeries to its portfolio. We are not involved in the running of veterinary practices and can help facilitate the transfer of practice ownership. We work with the UK’s leading veterinary corporates and private groups and can achieve the simultaneous trade sale of the business and the property sale to Vetprop.

Property for sale

Vetprop provides a bespoke platform for current owners to offer their surgery for sale – please see “Veterinary Surgeries For Sale” to see the current listings. This offers a better sale platform than local commercial agents as a veterinary surgery is a specialist investment. In the first instance please contact Vetprop to discuss your surgery sale. There is no fee for this arrangement.

New build

Successful veterinary practices often outgrow their existing premises and sourcing and funding new surgeries can be notoriously difficult. Vetprop has several decades experience of finding sites, purchasing and working to produce a modern veterinary surgery or hospital. It works closely with planners, designers, engineers, project managers, builders, IT and equipment specialists to produce first rate premises. We are always willing to consider new build and major refurbishing developments on a sale and leaseback basis and in some cases make a contribution towards fit out.

Site finding

Over the years Vetprop has developed excellent contacts in the property field that supply us with information on potential sites, some often before they come onto the market. These can be green field sites, redundant pubs, former Doctors’ surgeries, small industrial units, existing D1 buildings, shops and houses with parking suitable for conversion. If you are seeking a site in one or more locations please contact us, in complete confidence, to discuss your requirements.

Contacts

Vetprop has gained huge knowledge and contacts in the property field including lawyers, surveyors, planning consultants, architects, designers, contractors and project managers. Our experience covers areas such as planning, rent reviews, dilapidations, lease holders improvements and all property matters. We will always be willing to discuss potential projects and issues with practices and commercial landlords and point them in the direction of our experts.