One of the biggest challenges new businesses in London face is the exorbitant cost of commercial renting. The Meanwhile movement has been helping entrepreneurs over the past decade by scouting out disused buildings, giving them the necessary repairs and basic refurbishment, and renting them out on short-term leases to new businesses – at highly affordable prices (for example, an arch in south London for as little as £350 per month).
The movement, which is popular in Paris, where an electricity substation and hospitals have been used, and in Aarhus in Denmark and Philadelphia, where it's called 'temporary urbanism', was founded in 2009 by Eddie Bridgeman and Emily Berwin and originally ran on funding, providing businesses across the UK with advice and support. Later, the project became a community interest company, making money by charging rent.
Defending the short-term lease model, Bridgeman and Berwin explain that they provide new businesses with opportunities to establish their business while also giving them 'the chance to fail'. Thus if the business fails, the entrepreneur hasn't gone deep into debt to pay for a long-term lease.
More recently, this very model has come under criticism, since it doesn't necessarily help local communities in the longer term, despite the good intentions. While utilising derelict space is great for cities such as London, particularly for more neglected areas, the people who live there will only really benefit from a local business if they have a need or interest in using it over time.
Meanwhile Space's self-professed focus on 'creative' businesses (think designers, quirky small retailers, and people in media and the arts) can be at odds with what many of London's ailing neighbourhoods really need, particularly affordable housing and amenities for local people in key jobs, such as nursing, cleaning, and teaching.
However, last autumn, think tank Centre for London estimated that a mind-blowing 24,400 commercial properties in London were empty, with around half that number unused for more than the previous two years. Most were owned by local authorities and developers. They judged that the total available vacant space, was equivalent to 27 times the footprint of Westfield London – you can probably think of a few in your own high street.
So, empty shops or temporarily-occupied spaces? Occupying and using an unused site is said to reduce anti-social behaviour, including squatting and vandalism. So, which would you prefer? An occupied space, however temporary, or an empty building? We know which we're backing.
Join our newsletter
Get small space home decor ideas, celeb inspiration, DIY tips and more, straight to your inbox!
Anna is a professional writer with many years of experience. She has a passion for contemporary home decor and gardening. She covers a range of topics, from practical advice to interior and garden design.
-
These are 7 of the sunniest places to live in the UK
Want to maximize your chances of seeing the best weather? These are the places you could move to around the UK...
By Anna Cottrell Published
-
Housing market forecast: home buyers are rushing to beat rising mortgage rates
The latest housing market forecast reveals a new factor in a hot market – steadily rising mortgage rates
By Anna Cottrell Published
-
These are the safest states in America – perfect if you're looking for safety and tranquility
These are the safest US states to live in, according to a new study
By Anna Cottrell Published
-
These family-friendly suburbs are where everyone is moving to post pandemic
If you're planning a family move, check out these suburbs perfect for families
By Anna Cottrell Published
-
A new report has revealed the happiest city in the US
This is one you'll want to add to your Zillow browsing list
By Anna Cottrell Published
-
Before & after: A broken-plan layout completes this Edwardian terrace
These happy bunnies have the best of both worlds. Divide and conquer
By Ellen Finch Published
-
This dark and dramatic house just oozes original charm
The color choices for this gorgeous Victorian home may seem bold, but just take a tour and you'll be reaching for the deep teal paint too...
By Ifeoluwa Adedeji Published
-
These are the items you’re most likely to lose when moving house - and one could be seriously costly
Don't miss these off your checklist come moving day
By Millie Hurst Published