Start-ups can rent for free from the council

Peterborough City Council has agreed to let council-owned retail and industrial units to fledgling and start-up businesses for short periods of time rent-free.

Saturday, 26th March 2016, 4:00 pm
Peterborough City Council news from the Peterborough Telegraph - peterboroughtoday.co.uk, @peterboroughtel on Twitter, Facebook.com/peterboroughtoday

The ‘easy in, easy out’ arrangement, approved by the council’s cabinet on Monday, will be used at the: Herlington Centre, Orton Malborne, Pyramid Centre, Bretton, Alfric Square, Woodston and Saville Road, Westwood.

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Companies who sign up to the deal will still pay normal business costs such as rates and utility charges.

If the council identifies a full commercial letting then notice could be served and the unit let to a full paying tenant. However, other options would be discussed with the existing tenant for alternative accommodation if available.