BLOCK_LLDECK_2025

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WE ARE RE— WORKING HOW PEOPLE WORK.

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PRESS PLAY → We create versatile, inspiring workspaces for a new era, driven by service and design values and delivered to an exceptional standard — our members have a truly unique and market defining experience.

SPACIOUS CO— WORKING ZONES, CELLULAR PRIVATE OFFICES, MEETING ROOMS, RELAXED LOUNGES, FITNESS FACILITIES & CAFES. 4

Our award—winning sites provide opportunities to collaborate, innovate and socialise whilst satisfying the demand for flexible, hybrid work environments that perfectly complement working from home.

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Royal William Yard, Plymouth

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Royal William Yard, Plymouth

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Royal William Yard, Plymouth

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Royal William Yard, Plymouth

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Fairfax, Bristol

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Fairfax, Bristol

OUR APPROACH IS BASED ON FOUR CORE VALUES:

LOCATION WELLBEING BETTER THINGS PEOPLE 01.

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04.

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Our locations are key.

The locations we choose for our portfolio are carefully selected for the ease and convenience of our members — we consider the surrounding environment, local amenities, public transportation routes and accessibility.

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02.

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We focus on wellbeing.

We recognise that not everybody works the same, but what we do need is a healthy balance to get the most from ourselves and enjoy our work life to the fullest.

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03.

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We’re committed to better things.

We recognise the impact of our operations on the environment and are committed to minimising our carbon footprint. From energy-efficient lighting to waste reduction practices, we strive to create a sustainable workspace that promotes responsible resource consumption and waste management.

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04.

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It's all about people.

Our coworking spaces thrive on collaboration and mutual growth. To bring our communities closer together, our centres host regular networking, business seminars and social events, allowing members to meet and network with each other in a friendly environment.

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FROM START— UPS TO GLOBAL CORPORATES...

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↓ Current Members

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WE HELP YOU TO SQUEEZE YOUR ASS(ET) 26

→ WFH is effectively competing with the office. We provide a product that cannot be replicated at home — beautifully designed offices, community led events and market leading fitness facilities. Not only for the benefit of BLOCK members, but also the wider building. #BetterThanWFH

BY BUILDING TRUST AND OUTPERFORMING

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→ The traditional serviced office market is growing but perceived as risky to partner with.

We deliver the best of both worlds; enhancing assets by leveraging the BLOCK brand and product, and reducing voids to enable increased income — a trusted service partner to deliver both objectives.

MAKING THE UN—RENTABLE RENTABLE. 28

Traditional Lease Income

Hybrid Lease

Lowest Income

Above market income with guar

Highest Rent Free

Base rent increases as we let sp

Capex Investment Required

Reduced rent free period

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Managed Solution

ranteed base rent

Maximum income

pace

Fastest route to income generation Limited/No Rent Free

OUR REVENUE STREAMS 30

We maximise revenues by providing multiple services to our occupier base ↘

Offices, co-working and associated business services

Meeting Rooms and conferencing

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Gym and Studios

Café, food and beverages

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SUNLIGHT HOUSE

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Managed Solution No competing sites in Manchester.

Generating greater value from communal facilities.

Tech driven reporting to monitor occupancy.

Monthly accounting data.

Only operator with combined FOH, leisure and cafe experience.

34 ↓ Indicative Project Timeline

Agree HOT — Fit Out Plan

TIME

MONTH 01

MONTH 02

MONTH 03

Sign Contract

View space, Feasibility modelling, Heads of Terms

Start Fit Out — Begin Sales & Marketing

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Complete Fit Out

MONTH 06

→ LINE

MONTH 09

Anticipated 50% occupancy

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THE RIGHT TIME FOR FLEXIBLE WORKSPACE

Global FLEX space market 2020

of office space to be flexible in some form by 2030.

of companies surveyed identified flexible office space as the most in demand amenity of the future.

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2030

OUR MARKETING STRATEGY 38

We combine leading digital and traditional marketing tools to promote our locations

↓ DIGITAL User friendly website with clear CTA’s Social Media presence for each location including targeted ad campaigns SEO optimised Content Marketing Regular Newsletters and email marketing AI-driven automation tools via CRM system Targeted Google Ads, incorporating the latest AI technology AI Data Analysis and Insights Influencer Partnerships, increasing visibility and credibility ROI Measurement BLOCK member app and online customer portal

↓ TRADITIONAL Launch event + campaign Broker and agency relationships Events and Socials Local Partnerships and collaborations Local networking Printed Collateral including CGI’s and plans Quality photography and videography Public Relations - onboarding agencies with local knowledge to assist Consistent Signage and Branding Member Referral Program OOH advertising Traditional outreach via sales, supported by marketing materials

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OUR ENVIRONMENT BRANDING 40

Visual touchpoints are key to our brand — creating a consistent look and feel across all of our portfolio environments.

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WHO WE ARE 46

Ben Cheriton

Rob Pascoe

Managing Director

Commercial Director

BLOCK founder, Ben has overseen and executed multiple business success stories.

With a successful background in retail and leisure, Ben has now turned his attention to delivering the worlds best workspace locations. He possesses a proven track record in turning around struggling businesses and driving returns for investors.

Rob brings an extensive background in Commercial Brand Development and Marketing on a global basis and supports the relevant teams in these areas within BLOCK. He has held senior positions within companies such as Quiksilver, Burberry and The Gro Company.

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Claire Gray

Katy Hambridge

Niall Ingham

Finance Director

Head of Operations

Workspace Consultant

As the Head of Finance, Claire is one of the founding members of the BLOCK team and has been an integral part of its growth into what has become an awardwinning business during an extremely unpredictable financial period. She prides herself in supporting all areas of a business to achieve the best results within a budget.

As Head of Operations, Katy has been part of the BLOCK team since the beginning, helping shape it into the award-winning business it is today. Passionate about creating streamlined processes and delivering exceptional experiences, she work’s closely with the teams to optimise performance and support the business in achieving its goals.

Niall is a chartered surveyor helping to acquire new spaces for BLOCK across the UK. His previous experience at organisations such as CBRE, The Walkie Talkie Building and regeneration specialists Urban Splash makes him ideally placed to "bridge the gap" between the traditional property world and the fastgrowing flexible office sector.

PROSPECTIVE LOCATIONS 48

Edinburgh Glasgow Newcastle Leeds Manchester Sheffield Liverpool Nottingham Birmingham Worcester Cambridge Cardiff Swansea Bath Southampton London

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Bristol Taunton Exeter Plymouth

MULTI AWARD WINNING 50

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PROJECT OF THE YEAR The 2023 Michelmores Property Awards celebrates outstanding property and construction projects throughout Somerset, Devon and Cornwall.

BEST NEW BUSINESS The Notty Business Awards is a prestigious event in business, celebrating the passion and excellence of individuals and organisations.

BEST GYM LIGHTING The National Fitness Awards is an annual event that recognises and honours the best fitness facilities, instructors, and health clubs across the country.

CHECK OUT OUR NEW KID ON THE 52

PRESS PLAY AGAIN →

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KEEP MOVING FORWARD.

Ben Cheriton Managing Director ben@blockworkspace.co.uk +44 7774 284 000

Niall Ingham Workspace Consultant niall@blockworkspace.co.uk +44 7920 203 857

blockworkspace.com