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Convert empty office days into profit

Within one week of the tenants moving in my concerns were gone. By the end of the year, our bottom line was £192k stronger! by Jamie Matthews- from CEO of Initials CX

Withinoneweekofthetenantsmovinginmyconcernsweregone.Bytheendoftheyear,ourbottomlinewas£192kstronger!
Jamie Matthews-

Jamie Matthews-

CEO of Initials CX

Space32 finds long-term occupiers for your empty office space and unused office days. Last year we made £3.5m for London businesses.

We generated 100kpa from 2 empty office days a week and used half to increase our team’s basic salaries by £2k to support the cost of living crisis by Louise Harding from , Operations Director at Pod Talent

Wegenerated100kpafrom2emptyofficedaysaweekandusedhalftoincreaseourteam’sbasicsalariesby£2ktosupportthecostoflivingcrisis

Louise Harding

, Operations Director at Pod Talent

How Initials made £192k from their empty office space.

Initials

Initials, a 50 person marketing agency in Holborn loved their office space. Their hybrid team no longer came in every day and when they did, it was still half empty because some of the team had moved outside of London.

The space had lost some of its buzz, and was becoming an expensive overhead.

How did Space32 help?

  • We advised on how best to divide the space and days
  • Marketed the space to generate interest from prospective tenants
  • Provided legal templates required for office sharing
  • Managed and attended all viewings
  • Supported on gaining landlord permission
  • Found 3 part-time tenants
  • Resulting in £192k annual rental income and brining the space back to life.