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Douglas Borough Council is taking steps to secure the income it receives from around a dozen commercial premises it owns in the town.
The tenants have been in occupation for between six and 20 years, and it's been decided to offer them longer agreements.
Member of the Policy and Resources Committee Councillor David Ashford explains:
Long-running Island garage closing in April
Haydn Minay Ltd founded in 1972
Media Isle of Man's parent company sold to joint venture
Tindle Newspapers acquired by Iliffe Media Group Ltd and the Fowler family
Price of oil and fuel on Island expected to rise 'significantly'
Supplies are said to be 'stable'
More than £16,000 raised for Island cancer charity
KPMG has been raising money for the Manx Breast Cancer Support Group
