Council helps businesses find the right accommodation
Allerdale Borough Council has successfully rented out all its business accommodation, helping local companies, and boosting its income.
The Council owns a number of business units around the borough. As grants from central government are reduced, it has looked to cover the shortfall by investing in these assets to attract tenants and bring in more rental income.
And its efforts are having a positive impact, with the last of its eight units at Adams Road in Workington let at the end of last year, providing quality accommodation to small-businesses in the area.
The Council is also looking to boost economic investment further by developing the available business accommodation in the area. It is working on plans to develop the Lillyhall site and build new units at Reedlands Road in Workington. There are also plans to include a suite of offices in the new shared stadium for the town.
Mark Fryer, Executive member with responsibility for economic growth, said: “We are doing everything we can to boost the local economy of Allerdale. It’s great to see our investment in our accommodation paying off and helping local businesses grow.”