Starting a medical/dental centre?
I remember reading a while back that someone here did something similar to this..
Anyway, I'm a dentist, and have been think of starting a practice in my local area for a while.
There are a few in the main shopping area.. but there is a relatively new estate just a bit further out in the north part of the suburb (est 15yrs ago or so).
There is a shopping centre at this new estate that has a safeway, and other food/newsagents etc type shops. It services the new estate and seems always busy.
There is a large vacant shop that has been vacant for some time, it used to be a video store.
It has potential to easily fit out a 2 room dental practice, a couple of room medical practice, and possibly extra rooms for specialists or radiology etc..
I am yet to make formal enquiries regarding asking price for rent etc..
I am sure there is negotiation room though, given the longstanding absence of a tenant..
But since I am only in the thought stage I would like to ask for suggestions..
Is it too risky to attempt to negotiate a lease, fitout the whole place and attempt to sub lease to GPs etc..
Should I try to negotiate only leasing half the space that I would use?
Should I try and get the landlord to commit to a medical centre and just lease the rooms I require?
Should I approach the council as a first point of call?
I am a complete novice, any ideas would be appreciated!
Thanks!
I remember reading a while back that someone here did something similar to this..
Anyway, I'm a dentist, and have been think of starting a practice in my local area for a while.
There are a few in the main shopping area.. but there is a relatively new estate just a bit further out in the north part of the suburb (est 15yrs ago or so).
There is a shopping centre at this new estate that has a safeway, and other food/newsagents etc type shops. It services the new estate and seems always busy.
There is a large vacant shop that has been vacant for some time, it used to be a video store.
It has potential to easily fit out a 2 room dental practice, a couple of room medical practice, and possibly extra rooms for specialists or radiology etc..
I am yet to make formal enquiries regarding asking price for rent etc..
I am sure there is negotiation room though, given the longstanding absence of a tenant..
But since I am only in the thought stage I would like to ask for suggestions..
Is it too risky to attempt to negotiate a lease, fitout the whole place and attempt to sub lease to GPs etc..
Should I try to negotiate only leasing half the space that I would use?
Should I try and get the landlord to commit to a medical centre and just lease the rooms I require?
Should I approach the council as a first point of call?
I am a complete novice, any ideas would be appreciated!
Thanks!
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