Midlands Industrial Association
Limited was founded in 1982 by a group of individuals
who possessed relevant experience in urban regeneration,
industrial and commercial development and local government.
The Association is a registered Friendly
Society (Reg. No. 23468) whose declared aims and objectives
are to promote employment and fight dereliction through
the encouragement of the small firms sector, by providing
suitable workspace through the refurbishment of redundant
buildings and the reclamation of derelict sites in inner
city areas. The Association currently has 7 projects
in management, jointly accountable for
of commercial and industrial floor space and accommodation
for small firms, with a rent role of some £1.3m per annum.
The Association believes very strongly
that appropriately designed, well presented and sympathetically
managed premises are a major contributory factor to
the success of newly established and existing small
firms. Consequently, great emphasis is placed upon upkeep
and maintenance and "hands on" management.
In addition, all tenants are offered easy-in,
easy-out monthly licence terms, which cover not only
rental charges but also service costs. In some cases,
heating, electricity and rates are also included spreading
the occupiers property costs dramatically, smoothing
cash and at the same time enabling accurate budgeting.