Freeholders

Modular, adaptable and vibrant with low-impact construction

CRATE pro-actively works with local and national authority freeholders and has reinvented the landlord’s role as we redefine the workplace community, and with it, challenge the high-street operating model.

With national and local economic policy encouraging job creation and regeneration of under-utilised assets, the opportunity to collaborate and ‘placemake’ with local councils, developers and freeholders has never been so great. As a private sector partner, CRATE brings low-risk sustainable inward investment, vibrancy and innovation.

Our partnership approach delivers ground-breaking real estate. With our flexible and environmentally sensitive construction approach, awkward and under-utilised sites in every town and city across the UK can potentially host a CRATE scheme. This is our long-term goal. As we grow, we are committed to operating CRATE schemes and see this as our core competence.

CRATE is a location flexible, long-term, physical platform that brings entrepreneurs together with local authorities and freeholders. We seek to facilitate a value exchange. Entrepreneurs pay rent to CRATE for a business environment that is a platform for growth, while council and developer freeholders provide land in return for economic impact, job creation and regeneration activation.

Quality that isn’t temporary or ‘meanwhile’

The flexibility of our product means it can start out in one location and be moved to a second site with minimal fuss. Alternatively, CRATE can activate regeneration on a site for 5-10 years before businesses are re-housed into a purpose-built structure (or ground/lower floors). 

At CRATE, our design and build philosophy for units and infrastructure is long-term. With routine maintenance, Crates have an equivalent life to conventional construction. Our unit appeal is enhanced by the sustainability of its internal construction, which exceeds modern business standards.

CRATE model and sketches image

The future...

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0Crate schemes
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Vicki Willis - Epping Forest District Council

We see immense benefits from working with CRATE for economic development and growth.

CRATE’s modular structure also enables an entire scheme to be ‘lifted and shifted’ to an alternative local site if needed for long-term regeneration plans. CRATE seeks a 25-year minimum lease, or shorter lease with a freeholder commitment to relocate locally within a regeneration footprint. CRATE expects to pay market ground rent for its leases versus its level of investment and risk. The ability to relocate and re-use premium residential and commercial units is considered ground-breaking. This changes the nature of the return on investment, potentially unlocking well located sites with shorter leases that traditional economic analysis has ruled out. 

CRATE sites are chosen with some specific criteria, key to this is close proximity to public transport, road links or urban density. CRATE’s largely off-site construction shortens construction and reduces local disruption. CRATE has experience of a breadth of business tenant use-classes that ensure local economic requirements are fully met.

 

Site minimum requirements

CRATE seeks a minimum freeholder commitment to prospective sites that includes:  
- Road access with sufficient clearances for construction 
- Pavement access & street lighting 
- Electricity - 3 phase, 200 AMP
- Fibre optic broadband 
- Water, mains drainage
- Level, cleared site with a Type 1 hardcore finish 
- If contaminated, land to be encapsulated