Why Use 3Space?
1. Financial Savings
3Space manages the properties in return for half the usual rates liabilities, which represents a saving to you of 50%. This money pays for the discounted business rates, 3Space’s service delivery costs and allows other charities to make use of the property free of charge.
2. Convenience
By signing a single lease with 3Space you can start making savings on your whole portfolio immediately and do not have to renegotiate each property individually. We ensure that all end users agree to your terms with standard sharing agreements or subleases, minimising your involvement in the process.
3. Corporate Social Responsibility
You are supporting an innovative charity that makes a real difference to a wide range of charities and ultimately, to communities. For more on how we can help you fulfill your CSR obligations please see here.
4. Potential to find sustainable long term tenants
3Space has contacts across the charity and social enterprise sectors with organisations that are looking for a longer term solution. A temporary solution can easily develop into a permanent commercial arrangement.
5. Uninterrupted Marketing
3Space take on a range of properties so that we can accommodate charities’ needs while ensuring you can continue to seek commercial tenants.
6. Security
Having properties occupied reduces likelihood of vandalism.
We also collect deposits from 3rd party organisations where appropriate to ensure prompt payment of utilities and/or damage.
7. Aesthetic
Vibrant community organisations will increase the visual appeal of your empty shops. We work with professional property managers to ensure that any projects look as appealing as commercial uses
8. 3Space can move in and out of a property when needed
From a legal perspective, we use government approved lease templates that do not grant tenants security of tenure, meaning you have peace of mind that short term tenants will move out when you need them to.
9. Confidence
Our leases ensure that tenants can only make superficial alterations during their occupation. 3Space and our professional property managers ensure that the proposed use is appropriate given the agreed notice period.
Our charitable status means that only projects with a charitable or community benefit are appropriate for your properties.
10. Favourable press
Innovative schemes with real public benefit have received very favourable local and national media attention.
We understand if you wish not to be associated with any use of the space, and will always confirm your desire to be publicly acknowledged in any press coverage.