Entrepreneurs to use vacant government buildings

Entrepreneurs and small firms will be offered the use of empty government offices for low rents under a new initiative set to be revealed by David Cameron.

Start up enterprises will be able to use the vacant space for a year to establish their profile.

Mr Cameron will announce the plans to a group of entrepreneurs in the North East and is expected to say: “The British Government has a huge stock of buildings at our disposal. The first priority for the ones we aren’t using is to sell them off, but in the meantime many are going to be sitting idle.”

“So let’s match the capacity we’ve got with the need that’s out there. Let’s provide office space where we can to those who can use it.”

Over 456,000 square metres of office space at about 550 government sites are currently lying vacant – some of these buildings have been empty for over 10 years, costing the taxpayer thousands of pounds in rent payments each year.

The government is looking to claw back some of the lost revenue by opening 300 vacant office spaces up to businesses that need access to high quality premises at low rents.

Mr Cameron is expected to say: “I said 2012 has got to be the year we go for it, the year we light new fires of ambition in our economy, the year we get behind Britain’s grafters, doers, hard-workers and entrepreneurs. This isn’t something we’d quite like to do – it’s something we’ve got to do because enterprise is critical to this country’s future.”

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