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Workspace for Creative Businesses
blocspace will see us transform semi-dilapidated buildings within pre-emerging areas of London into affordable workspace for creative enterprises.

This is a unique opportunity to either invest your commercial property for renovation and receive a fully-let, guaranteed market rate rental income under a long lease, as well as a negotiable profit share for the duration of the lease, or a business investment for a sizeable ROI of 29% within 5 years, plus a negotiable exit fee for the investor at the end of the agreed investment period.

The creative economy now makes up around 16.9% of all jobs in the capital yet no competitor offers commercial workspace exclusively dedicated to creative businesses on the scale, flexibility and model that blocspace are proposing. Creative businesses are unique in their culture and requirements; by providing them with fit-for-purpose workspace we can help them to grow sustainably and maintain London's position as a creative powerhouse.

The offering is a totally scalable investment opportunity; we are looking for an initial investment of £3 million, however this could be increased or decreased depending on the initial site. These funds will largely be spent on acquiring the first site, fitting it out, and marketing the workspaces to secure clients. Once the first building is mobilised at near capacity, we will quickly look to expand into a second location.

Our management team is uniquely positioned to deliver the ROI outlined in the business plan, with a wealth of expertise focused in both the property and creative sectors.
Total Funding Required: £3,000,000.00
Min. per Investor: £600,000.00
Industry: Property
Sec. Industry: Construction
Region: Greater London
Proposal ID: 22873
Investment Reason: Seed Capital or Early Stage
Proposal Status:
 
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