Not-for-Profit
Also occasionally known as the third sector – this industry is defined as a business whose goal is something other than making profit for its directors and shareholders. Charities cover a broad range of purposes including: environmental, religious, social care, animal welfare, education, leisure, the arts and many more.
There are over 160,000 registered charities in the UK, employing 800,000 workers, which equates to 2.7% of the UK workforce. Not-for-Profit businesses’ search for office space will differ from other industries as they can sometimes find free office space and are liable for business rates relief.
Did you know?
There are 169,000 charities registered in England and Wales
Charities can potentially acquire an office space for nil rent
Charities can apply for charitable business rates relief
Discover Not-for-Profit businesses by location
This chart shows the location of deals completed in the not-for-profit sector by SHB over the past three years.
Success stories
CPRE
We worked with CPRE (Charity to Protect Rural England) on the acquisition of 21 Provost Street.
Reeson Education
We worked with Reeson Education on negotiating a lease re-gear and acquiring a short-term let in Shoreditch.
Analysis
SHB London Office Market Snapshot Q3 2022
The SHB team has compiled an extensive overview of the London office market from Q3 2022, giving you the latest, up-to-date market intelligence.