For the benefit of Landlords.
There is no worse scenario for a landlord than to lose its tenant. The process immediate means a loss of income from expectant rents, and an immediate expenditure required to find a new tenant.
Repairs and decoration following the departure of the previous tenant are unavoidable, the building must be presented at its best. This is an immediate cost. There is an effort required to register utilities back with the owner and a cost to upkeep them. The landlord must advertise, and then wait. For six months they can claim disqualification from rates, but only once, and business rates must now be met for empty premises at the expense of the landlord. If successful the landlord benefits and a new tenant is found.
But this is not a successful time. We know more and more properties are becoming vacant, and we understand the downfalls that go with this situation. An unwanted property is not good for the local community , and can lead to a decline in the environment. The state of the buidling worsens and attracts negative attention with further costs facing landlords as they battle to secure the empty premise from vandals and thieves, before it becomes too late.
TAO are a solution to this problem. TAO occupy premises, in agreement with landlords, prepared to stop the rot, and turn around the decline. They take away immediate costs of services and rates, becoming responsible for these relevant expenses and they work with landlords to repair, decorate and in turn attract, marketing premises to the creatives, the educators and performers who would benefit from such space, each adding to a pot of gold in the hope that a slice can be found for the property owner, and eventually the buildings true value be met.
In the early stages TAO ask the landlord to work with them as they explore ways to achieve these goals for the benefit of all involved. They will sign a tenancy at will for a period suitable to the landlord, and agree a method to work toward that alleviates the landlord's expense.
Property developers who are perhaps waiting for longer term prospects to materialise would benefit for longer agreements taking up the period of vacancy, ensuring security and relief from the problems involved. TAO are used to temporary projects and recognise the use artists can make in such, but longevity offers security for all parties and serve to benefit the need in the wider community.