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Forward funding

Acting on behalf of the Watkin Jones Group, the Healthcare team at Jones Lang LaSalle has successfully forward funded a modern, purpose-built health centre in Chester city centre for a total consideration of £18.5 million with Primary Health Properties (PHP).

The ‘landmark building’, at Gorse Stacks on Delamere Street, will comprise ‘a high quality NHS integrated resource centre’ to be known as ‘The Fountains’, accommodating NHS facilities, a pharmacy, and four GP practices relocating from existing premises in Chester. The medical centre will be fully let on a single lease for 25 years, agreed by West Cheshire Health Consortium and the NHS.

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