Enterprising future for centre
Boston Borough Council is to agree a new lease with Nurture Enterprises Ltd for management of Boston Enterprise Centre in order to get a better return for the council.
The centre, built in 2008 to help and promote new small and medium businesses and to encourage entrepreneurship, has been a victim of the recession ever since. It was funded by the European Regional Development Fund, Lincolnshire Enterprise, Lincolnshire County Council and Boston Borough Council.
The current lease expires on November 1. The council plans to negotiate a lease so it receives a return based on rental income. This would provide added incentive for the management company to maximise occupancy, keep rents at market levels and keep costs down to improve profit margins.
On Wednesday the council's Cabinet heard that the funding of £3,670,200 secured by the council to build the centre meant that there were restrictions on its future uses. The borough council's contribution was £755,000.
Approval was given, in the difficult circumstances of the recession, for 55 per cent of the building to be sub-let to the NHS.
Current tenants are involved in accounting, agriculture and horticulture, education and training, property, health and safety, online retail, design, legal services, call centres and the public sector.
The centre provides a reception service for all businesses from 8.30am to 5.30pm, which includes office services such as dealing with mail, sending and receiving faxes, photocopying, laminating and binding and secretarial and proof-reading.
Meeting and conference facilities are available for hire and are also offered outside normal office hours. These include a boardroom for up to ten people, a room for training small groups and a theatre-style conference room for up to 40 people.
There are 45 units at the centre ranging in area from 255 to 760 square feet.
For more information about the centre go to http://www.negroup.co.uk/venture-house or call 01205 311645.