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GPhC to move to Canary Wharf in September

Professional Regulator brands move “good value” for its increasing accommodation needs

The General Pharmaceutical Council (GPhC) has confirmed it will move to Canary Wharf this year, in a deal it has branded "good value" for its increasing accommodation needs.


The regulator will leave Lambeth in September for new premises in 25 Canada Square, where it has been quoted an annual rent of £35 per square foot – equating to £1,347,500.


The GPhC stressed that the figure did not reflect the total value of the deal, which it would not fully reveal because the details were commercially sensitive. It pointed out that it would be exempt from paying VAT on rent in Canary Wharf.


The regulator will leave Lambeth in September for new premises in 25 Canada Square, where it has been quoted an annual rent equating to £1,347,500.

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Chief executive Duncan Rudkin said the GPhC had conducted a "thorough search and detailed evaluation of all possible options" before deciding on its new premises. "Relocating to 25 Canada Square will offer good value accommodation that will meet our current and future needs, including necessary additional space for our staff and a new fitness-to-practise hearings centre," he said.


"Our council decided [this] was the best option for the GPhC after carefully considering a number of factors, including the importance of using our funds wisely, the facilities we will need and the impact any moves would have on our staff," Mr Rudkin added.


The GPhC paid £551,800 in rent last year, according to its January council papers, but it told C+D this was not comparable to the quoted figure for Canary Wharf. It would be taking on extra space in the new premises, the regulator said.


The GPhC will share its new premises with companies including Crossrail and investment managers Ivaldi Capital.



Is Canary Wharf a suitable location for the GPhC?

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11 Comments

SHABBIR.J ABDULHUSSEIN., Community pharmacist

wonder whether GPHC will seek approval from its pharmacists members.Presumably we will get a chance to inspect the premises before the move to Canary Wharf.

Hayley Johnson, Community pharmacist

"The GPhC will share its new premises with companies including Crossrail and investment managers Ivaldi Capital."

Great, no doubt they can get all sorts of cost-saving tips from their Crossrail neighbours. or at least advice on digging themselves into even bigger holes.

[email protected], Community pharmacist

I'm all for decentralisation. Let them move to Scotland or maybe Wales.

As long as we are paying the rent, we should get a vote.

Farm Assistant, Community pharmacist

I wonder how they will pay the rent when all pharmacists are on the minimum wage? At least they will have a nice view from the bridge of The Titanic.

O J, Community pharmacist

As long as our registration fees doesn't exceed the inflation they can move where ever they like.
Congrats Gphc

John Randell, Non Pharmacist Branch Manager

BUT OUR PAY UNFORTUNATELY IS LAGGING BEHIND INFLATION MEANING THAT WE ARE GETTING PAID LESS EACH YEAR...UNLESS YOU GET A 3% RISE EACH YEAR

John Randell, Non Pharmacist Branch Manager

THATS OUR FEES GOING UP NEXT YEAR THEN...

Calum Nelson, Locum pharmacist

Commercially sensitive? How does that work with a public body? Guess we'll just have to submit a Freedom of Information Act request to find out. Might as well FOI everything from them, give them a good ol' fashioned audit. Then maybe we can also find out why they need £5000 of social media analysis from Trufflenet.

London Locum, Locum pharmacist

*This comment has been removed for legal reasons - C+D

Disillusioned Pharmacist, Community pharmacist

1.3m in rent?! Please can someone tell me why the GPhc needs to be in London at all?

London Locum, Locum pharmacist

*This comment has been removed for legal reasons - C+D

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