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SpaceXchange
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Business rates mitigation you can feel good about.

IMMEDIATE SAVINGS. ZERO RISK.

Reduce Vacant Property Costs: Reduce rates costs by at least 50% from day one with no up front costs or additional fees to pay.

Help change lives: We match your empty property with  charities who utilise the space to  help the local community.

100% Asset Flexibility: Your building stays fully available for sale, letting or redevelopment at all times.

Book a consultation How it works

Why now?

The landscape has changed

As a result of the Court of Appeal judgment of 29 July 2026, many mitigation methods which landlords have employed to manage costs  now come with significant financial and reputational risks. Box shifting has taken all the headlines, but other methods such as wifi marketing, 'places of worship', in-house self storage shams etc are all now coming under intense scrutiny by local authorities keen to clamp down on any form of rates avoidance.

SpaceXchange offers a wholly different route: genuine charitable occupation, fully documented  and managed throughout. Your business rates liability is reduced from the day of the lease, to the day of termination, and this solution produces genuine social value for the local, and wider community, whilst leaving the building fully available for sale, letting or redevelopment whenever you need it.

We work nationally, in partnership with  non-profit groups that have placed charitable tenants into commercial properties for over 30 years.

Explore the service For landlords

Who we help

Every kind of vacant commercial space

Offices, retail, industrial and warehouse premises, mixed-use buildings. Each property is assessed individually for size, location, logistics and any particular requirements of the landlord, then matched with a local charitable occupier who has a genuine short term requirement for space.

Contemporary glass office building in London reflecting the cityscape

Offices

From single floors to premium HQ locations, we match with charitable partners that need meeting or community event space.

Empty high street retail unit with large glass windows and whitewashed interior

Retail and high street

Vacant shops and high street units become charity retail and community outlets, keeping frontages active and town centre shopping areas alive.

Empty modern warehouse interior with polished concrete floor

Industrial and warehouses

Storage, logistics and distribution space for charities handling donated goods, equipment and supplies.

How it works

A consultative approach.

From first review to final exit, SpaceXchange manages every stage, so that your team don't have to.

See the full process

01

Property review

We assess each vacant property individually: size, location, condition, access and your requirements as owner or manager.

02

Charity matching

We identify a genuine charitable tenant whose needs fit the space, drawing on  our partner charities, some  with three decades of experience in this field.

03

Occupation and management

Leases, documentation, billing authority communications and all day to day logistics are handled by us throughout the process, with a clean exit plan whenever you need your space back.

Why SpaceXchange?

Benefits that go beyond the balance sheet

Charitable occupation is more than a rates position. It is a defensible, socially valuable use of property that would otherwise sit idle.

Immediate cost savings

Empty rates liabilities reduce from the day of completion to the day of termination, with no capital outlay and no long  lead times

Supporting good causes

Space that would otherwise sit empty gives charities room to work and serve their communities.

ESG and reputation

Demonstrable social value for your ESG reporting, your investors and the communities around your buildings.

Fewer vacant-building problems

Occupied buildings deter squatting, vandalism and deterioration, and can simplify insurance and security.

Your asset stays available

Sale, letting and redevelopment continue as planned. Occupation ends when you need it to, on agreed terms.

Tried, tested and compliant

A model built on genuine charitable occupation with fully compliant documentation. No surprises, immediate and accurately forecastable savings from day one.

City of London skyline of commercial office towers seen across the Thames
A changing market

The Court of Appeal judgment of 29 July 2026 changed the commercial property market. Arrangements that landlords relied on for years now carry real risk, and asset managers need an alternative that is effective, defensible and ready today. Genuine charitable occupation is that alternative.

Read our analysis

Ready when you are

Book a confidential consultation

Tell us about your property or portfolio. Confidential, without obligation, and focused on your requirements.

Book a consultation

Ethical business rates mitigation for vacant commercial property across London, the South East and England.

SpaceXchange

SpaceXchange Ltd
71-75 Shelton Street
London WC2H 9JQ
United Kingdom

© 2026 SpaceXchange Ltd. Registered in England and Wales.