'Doubling' rent cost leads to LloydsPharmacy branch closing

Latest

'Doubling' rent cost leads to LloydsPharmacy branch closing

In Latest

The head of LloydsPharmacy’s parent company has criticised NHS Property Services for “doubling” the rent on one of its branches, forcing it to close.

McKesson UK CEO Toby Anderson said on August 2 that the LloydsPharmacy branch in Weston Favell Health Centre would have to close on October 31 due to the rent hike, which he claimed the NHS owned company had decided on “despite us having shared evidence that even with the current deal we are operating at a loss”.

Commenting on the potential risk to patients, he said that with some OTC medicines no longer routinely available on prescription “some people will now have to travel to find the treatment they need”.

Mr Anderson spoke of a “national trend” whereby rising costs such as property mean community pharmacies “are increasingly forced to close their doors,” which he described as “fundamentally at odds with the NHS’ ambitions to improve patient care”.

“Pharmacies often don’t get the same preferential rates that other healthcare professionals like GPs and dentists do, which we believe doesn’t reflect the important role we play in helping communities to better manage their health,” he added.

NHSPS: 'We consistently engaged with Lloyds'

NHSPS, which manages more than 3,000 properties across England, or about 10 per cent of the total NHS estate, said it had “consistently engaged with LloydsPharmacy to renew the lease at a market rent”

A spokesperson said: “NHSPS does not make a profit and any surpluses are reinvested into the NHS. Rent provides the investment needed for the ongoing renewal of the estate meaning patients benefit from enhanced healthcare facilities.”

They said that alternative terms proposed by NHSPS had been turned down by LloydsPharmacy, but added: “We hope we can still reach an amicable solution with the local pharmacy.”

An NHSPS spokesperson told Pharmacy Magazine that the nature of the terms that were refused was "commercially sensitive" information and could not be shared.

LloydsPharmacy has said it will contact patients to inform them how they can move their prescriptions to other pharmacies.

McKesson has cited the difficulties facing LloydsPharmacy as a major factor in a profit slump in its European arm, and in recent months has spoken of planned “further closures of retail pharmacy stores”.

Record my learning outcomes

Latest

Inspiring stories related to health, fitness and the pursuit of wellbeing

Share:

More like this

bookmark_icon_off
Latest

Locate a Locum Learning launched

Locate Learning launches today, increasing members access to extensive learning library.

1 Min Article

bookmark_icon_off
Latest

MHRA issues thermometer warning

MHRA issues thermometer warning after increase in the number of unreliable products available in the UK. 

1 Min Article

bookmark_icon_off
Latest

Nearly 90 per cent of adults would have tested positive for Covid-19 antibodies in June, says ONS

ONS estimates vast majority would have had antibodies in mid-June.

1 Min Article

bookmark_icon_off
Latest

New NHS clinics to provide pelvic floor support for women

Pregnant women and new mums are to receive support from new NHS clinics.

1 Min Article

bookmark_icon_off
Latest

NICE recommends mental health support for people with acne

Mental health support is key in managing acne vulgaris, says clinical watchdog.

1 Min Article

bookmark_icon_off
Latest

RPS calls for action on women's health inequalities

Action is needed to reduce the inequalities faced by women when accessing health services, the Royal Pharmaceutical Society has said. 

1 Min Article

bookmark_icon_off
Latest

Reports of potential bidding war over LloydsPharmacy

LloydsPharmacy could be the target of a three-way bidding war fought among financial investors over the next few weeks, it has been reported.

1 Min Article

bookmark_icon_off
Latest

Dukes to leave PSNC in September

PSNC chief executive Simon Dukes will leave his post at the end of September after just over three and-a-half years in the role.

1 Min Article

bookmark_icon_off
Latest

NHSE: Pharmacy must speak 'as one' to gain power

Community pharmacies need to speak 'as one' to gain greater influence within primary care, a senior NHS England official has said. 

1 Min Article

bookmark_icon_off
Latest

E-cig loophole puts minors at risk, Government told

A charity criticises the government for failing to close a loophole allowing companies to hand out free e-cigarettes to under-18s. 

1 Min Article

bookmark_icon_off
Latest

Lloyds pulls nasal spray over 'bold' Covid claims

LloydsPharmacy has "paused" sales of a £15 nasal spray that claims to neutralise the coronavirus before it can make people ill.

1 Min Article

bookmark_icon_off
Latest

DH sets ambitious targets for winter flu programme

The Department of Health and Social Care announces that it aims to vaccinate 85 per cent of people aged 65 and over against influenza.

1 Min Article

bookmark_icon_off
Latest

Wright review group to hold focus groups to form proposals

The Wright review steering group will hold a series of online focus groups and workshops this month and in August.

1 Min Article

bookmark_icon_off
Latest

Two Solihull pharmacists jailed for illegal supply of POMs

Dean Dookhan and Narvinder Nandra pleaded guilty to two charges concerning the illegal supply of 21,000 Zolpidem pills.

1 Min Article

bookmark_icon_off
Latest

Pharmacist to run London marathon for charity

Pharmacist Mohammed Hussain will run the London marathon to raise money for Pharmacist Support.

1 Min Article

bookmark_icon_off
Latest

Boots opens flu jab bookings as demand soars

Boots says it has opened bookings for its winter flu jab service amid reports of soaring demand. 

1 Min Article

bookmark_icon_off
Latest

Running app downloaded over five million times this month

The Couch to 5K app contains advice and information from a celebrity coach to help users record their progress. 

1 Min Article

bookmark_icon_off
Latest

Drug companies fined £260m for "excessive and unfair" price hikes to hydrocortisone tablets over a 10 year period.

1 Min Article

bookmark_icon_off
Latest

IBS sufferers worried about return to workplace

People with irritable bowel syndrome are anxious about lockdown easing and the prospect of going back to the workplace contributing to their symptoms.

1 Min Article

bookmark_icon_off
Latest

GPhC too soft on corporate multiples claims PDA

The GPhC is disproportionately tough on individual registrants compared to pharmacy owners and premises, the PDA has claimed. 

1 Min Article

Recommended Learning

bookmark icon off
Sponsored education

Oral rehydration: a pharmacy guide

Understand the important role oral rehydration products play in helping prevent dehydration after illness

5 Min Module

bookmark icon off
Sponsored education

Managing heartburn and indigestion in the pharmacy

Learn how to identify and help customers manage heartburn and indigestion, from recommending the right products to ease symptoms, to self-care advice and identifying red flags for referral

10 Min Module

bookmark icon off
Sponsored education

VIAGRA® CONNECT at the Counter

Build your confidence in advising customers with erection problems so you can help make a real difference to their lives 

2 Min Module

bookmark icon off
Sponsored education

Understanding constipation treatments

Discover the key benefits of different types of laxatives, and the right questions to ask customers to ensure you know which to recommend

10 Min Module

bookmark icon off
Sponsored education

Sore throats and antibiotic resistance

This module will help you to understand and educate customers about the risks of antibiotic resistance, and recommend products to help them effectively manage their sore throat symptoms.

 

10 Min Module

bookmark icon off
Sponsored education

Fungal Nail Roundup

Complete this short interactive module to refresh your knowledge on identifying and treating fungal nail infections, and discover more about a product you can recommend to customers.

5 Min Module