
Meanwhile Matters
‘Meanwhile Use’ refers to interim occupation or temporary use of vacant premises and land. The activation of temporary commercial accommodation is a process which bolsters local liveability by fostering business innovation and experimentation.
We understand that the ability to drive forward development as and when required, is of key importance, and we have come up with a structured solution – via consultation with legal advice – to enable the ability for occupiers to enter into an agreement quickly that does not create any possession issues later down the line.
The utilisation of a specifically designed flexible lease structure provides landlords with the ability to obtain vacant possession in a smooth and efficient manner to coincide with their plans for development.
It is common for developers to ignore opportunities for short-term letting due to perceived negative connotation issues regarding possession. Nonetheless, with the requirement for the temporary use of land and buildings on the sharp rise, we believe this to be a missed opportunity.
Our focused approach to meanwhile use in recent years has enabled us to build an extensive database of flexible commercial operators.
They are waiting to occupy buildings and land of all types, styles and conditions, but this has also provided us with the expertise to maximise interim revenue without compromising plans for development.
Benefits include...
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Savings on costly security
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Prevention of illegal incursions
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Protection from anti-social activity
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Promotes good relationships with neighbouring landowners
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Offers valuable community benefits
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Turns a negative site cost into a positive income stream
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Flexible occupation that does not prevent future development plan