Trustees of a theatre are hoping to find new tenants for a space at Stamford Corn Exchange to generate much-needed income.
The downstairs area of the Broad Street theatre is soon to be vacated by Sukies Party Emporium, which has opened new premises in North Street.
The business had been trading from the building for five years and the rent it paid provided valuable funds for the theatre.
The trustees do not want to see the 2,600 sq ft space empty for too long and say there are many possible uses.
They say it could be used as an antique or craft centre, or by traders as a Victorian-style shopping street or by a dance school.
The Corn Exchange was home to an antiques business before 2000 and then Batemans used it as an auction room for a few years before the building was redeveloped.
Managing trustee Mick Lee said they were open to any suggestions.
He said: “We have been left with a retail area which it is difficult to know what to do with. It’s quite a large area and before we took it over it used to be an antiques centre.
“There were a lot of little stalls run by different people. That’s what we think it might become.”
The trustees also believe the Corn Exchange could be the perfect venue for entrepreneurs looking to launch their own retail businesses.
Mr Lee added: “The theatre is very successful, but we do need to do what we can to raise funds to keep it successful.”
The trustees have worked extremely hard to revitalise the Corn Exchange, raising more than £2m. But a key part of that fundraising was the money collected from the retail and bar spaces.
Mr Lee said: “We are very pleased with the way the theatre is going and the way it is supported.
“But most of the money from ticket sales goes to the artists. We do need the extra income.”
The space occupies the majority of the ground floor area. It has a kitchen, two toilets and a store room.
Anyone interested can speak to Judith Mackie at the box office or call 01780 766455.