Learn all about the intricacies of the healthcare property category and the types of properties it offers. From medical retails stores to care homes and nursing homes, the medical and healthcare based commercial property market is both diverse and unique.
Healthcare commercial property is a category that generates specialist demand at MOVEHUT. It includes everything from traditional properties suitable for a dental practice to units on modern science parks and all medical focused properties in between. We have healthcare properties available to rent or buy in locations across the UK to suit all sectors of the industry. Here we will take a closer look at healthcare commercial property and what it can offer you.
The UK healthcare market is almost in constant growth and this trend is not just related to the UK but also worldwide. In addition to this constant growth, the market is also diversifying and growing in multiple directions, from alternative health care to growing age related services.
In the UK, spending on healthcare is constantly growing with massive growth from 1997 to 2010 where the yearly spending figure was over 130 billion a year. Private healthcare provision in the UK stands at around seven million people or around 10% of the population, generating around £4 billion every year.
The alternative healthcare market or the complementary and alternative medicine (CAM) peaked in 2008, but is expected to continue rising with over 6 million people using CAM services or products every year. Healthcare properties for complementary medicine based services is therefore in a huge market, encompassing services like alternative medicine systems including homoeopathy, naturopathy and traditional Chinese medicine, energy therapies like biofields and electromagnetic fields, mind and body therapies and vitamin treatments.
The growing age of the UK population is another contributing factor to the healthcare property market. With the population of people in the UK aged 65 and over growingly rapidly, and also predicted to accelerate in the future, there will be more demand for age related healthcare services as well as residential institutions like care homes and retirement homes. Since 1960, the average life expectancy has grown by 14 years for males and 10 years for females and this gap is fully expected to grow even larger in the next decade and going forward.
While the current economic climate may see the healthcare market stagnate for a few years, it will no doubt continue to rise in the future, marking the healthcare property market as one in high demand with a bright future and an interesting potential option for property investors.
At MOVEHUT, we have healthcare properties to rent or buy in a variety of locations. So if you’re searching for premises for a surgery in London or a care facility in Edinburgh, we are here to help. We are constantly updating our listings to provide you with the best choice of healthcare properties currently available.
At MOVEHUT, we make it easy to find a healthcare property for sale or rent. We have an extensive selection of properties in locations throughout the UK suitable for a variety of healthcare uses. These include properties that would be suitable for the C2 residential use and high street properties that would be ideal for use as a pharmacy. At MOVEHUT, you can refine your search in a number of helpful ways that make it easier to pinpoint exactly what you require.
