They are managed by the NPS group one of those, privatise the public sector deals.
Though out building lease was just taken over by a non-profit setup to help younger people get started in business, so far they've been amazing at getting an old building up to spec :).
Hull is a bit of a basket case economically but its on the up and would be a good place to run a startup if you want cheap good offices and insane broadband, I have 250Mbps at home!
Would you mind saying which council this is?