Pharmacy Daily | Guild Update 10 Mar 20

PHARMACY Rental Report: The Guild has released the latest Pharmacy Rental Report, a dedicated resource to help our members, community pharmacy owners as well as aspiring owners. The report is a useful reference and briefing document which can be utilised to support future rental negotiations. The latest report has been updated to reflect the necessary information required by members to assist them in negotiating new leasing arrangements. With the model of pharmacy undergoing change, managing the cost of doing business for pharmacy owners remains important and occupancy costs are a key component of this. Pharmacists are the most accessible of all health professionals because they are located in shopping centres and general retail locations which often do not contain other health professionals. The location of a pharmacy in a centre should be seen as a valueadd and the rental report serves to improve relationships between pharmacists and landlords and in addition, to give a greater understanding of pharmacy. Members can access the report here.

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