CASH strapped council chiefs in Wycombe have decided to rent out one of the buildings at their town centre headquarters to save money.

The third building which forms Wycombe District Council's Queen Victoria Road offices will be let.

Officials said they could not say how much money they are looking to get for the rent because it could scupper negotiations as agents look to find an occupier.

But WDC needs to find more savings after the Government announced recently councils face another ten per cent cut in 2014-15. WDC has already slashed costs by 30 per cent in the last three years.

The authority's staff numbers have more than halved in the past seven years.

While in 2006 there were 650 employees at the site, there are just 320 today, partly as a result of selling its council housing stock in 2011.

Cllr Mahboob Hussain, WDC Cabinet Member for HR, ICT and Customer Services, said: "Relocating the Council services means that we will be able to save money by lowering our office accommodation running costs.

"We also aim to generate an income from the space we no longer require, namely Building C."

Building C was built in 1992. The original office is a 1930s build, with the second part being added in 1980.

Bosses hope it will be taken up by companies who wish to take up space in a prominent central position in High Wycombe, with new jobs anticipated.

Cllr Hussain said: "The consolidation of office space will allow WDC to introduce new and flexible ways of working for employees as well as allow for the creation of a high quality work environment with spaces for meeting rooms, breakout areas and generic quiet work areas that can be shared by, councillors, officers and other partners.

"Having looked at a range of alternatives, Cabinet agreed that, subject to a final report about the final proposed scheme, in November 2013, we locate services into Building A & B and seek a tenant for Building C."

Council staff transferred to Red Kite Community Housing, which took over the council houses. The company were based at WDC for the first year but have moved now to Kingsmead Business Park. Duncan & Bailey Kennedy are managing the letting process.