THE company responsible for managing Lancaster’s creative industries hub were placed into the hands of liquidators on Wednesday.
Simon Ryder, chair of the Storey Creative Industries Centre (SCIC) Ltd, which runs the Storey in Meeting House Lane, has told tenants that the board had placed the company into liquidation.
The building however will remain open, and tenants, as well as the cafe and NICE restaurant, are expected to be unaffected by the move.
The Storey’s future has been uncertain for weeks after the company hit the rocks financially.
The company is now in the hands of liquidators Leonard Curtis of Church Street, Lancaster.
Michael Gibson, director of Fat Media, which is currently based at The Storey said on behalf of tenants: “Although this happened at very short notice, and in a way that we think wasn’t the best to proceed, it is something that tenants have called for.
“SCIC Ltd was insolvent, couldn’t resolve its own financial and management problems and so couldn’t provide a long-term future for the building.
“Solicitors acting for the tenants have contacted the city council’s solicitor to remind them of their legal duties in regard to the building’s tenants and also asking them to follow the spirit of goodwill elected councillors have shown to find a positive way forward for tenants and the building.
“Until the cavalry come charging over the hill the tenants have taken the appropriate legal, health and safety, insurance and other measures required to continue their lawful tenancy until they do.
“The obstacles are now out of the way for the council as owners to join with tenants and other interested third parties to and find a successful, sustainable and viable way for the Storey to operate long into the future, which we firmly believe is there.”
Lancaster City Council, which owns the building, were unavailable for comment at the time the Lancaster Guardian went to press.