A landmark shopping centre is under new management after the collapse of its former leaseholder.

The Oxford-based Ethical Property Company has taken control of Green Park Station from environmental charity Envolve, which went into administration on Tuesday.

Envolve, which had run the venue for the last five years, had leased the land from supermarket giant Sainsbury which in turn leases it from owners Bath and North East Somerset Council.

The charity, which also operated as a business consultancy and educational service, ran into trouble following a change in the grant funding and an audit by the European Union on a community programme it had been involved in five years ago.

It sold its business consultancy and environmental education arms last month to waste management firm Resource Futures, which employs 50 staff in Bristol and Leeds.

Envolve then approached the Ethical Property Company with a view to finding a replacement management company for the centre, which is a former railway station.

Cate Le Grice-Mack, who chaired the trustees of Envolve for the last three years, confirmed the organisation was now in the hands of Bristol administrators Baker Tilly.

Envolve had previously been known as the Bath Environment Centre, and had been launched from offices in what is now the Loch Fyne restaurant.

Ms Le Grice-Mack said: "We have sought to continue the work of Envolve even if we cannot continue the organisational structure.

"It was a difficult decision but it had to be done and we are really pleased that the Ethical Property Company and Resource Futures have come in and taken over the work.

"Because we have landed early we will be able to meet most if not all of our obligations.

"If we had gone on too long we might have run the risk of not being able to do that."

Ethical Property managing director and founder Jamie Hartzell said the firm was looking forward to running the venue which is home to the UK's first ever farmers' market, several independent trading stalls as well as four stores and two restaurants.

The firm will be employing former Envolve staff members Pat Brimble and Claire Shakespeare to help run the station.

Mr Hartzell said: "We need to get back to a firm footing.

"We want to work much more in discussion with people for the best way to push the site forward.

"We are trying to identify what Green Park Station should be seen as and why people should go there.

"We need to do more research and understand the station before making decisions."

He is also keen to look at improving signs and lighting at the station which he said could be used as a venue for events and festivals in the future.

He said: "Envolve approached us because they felt we had a unique offering with a strong commitment to as a social business to social and environmental values and we are dedicated to property and facility management.

"Envolve was split between property management and environmental education work but this is our core business and we do it in a business-like and professional way."

Bath resident Janine Woodward is Ethical Property's regional manager for Bristol and Bath and has now taken over as manager of Green Park Station.

She said: "I think the site has great potential to become a fantastic destination in Bath and I'm looking forward to working with all our tenants to achieve this vision."

Bath Farmers' Market Ltd director Keith Goverd has run a stall at the market for the last ten years and welcomed the change in management.

He said: "I would like to see things develop at Green Park Station but that depends on B&NES Council's ability to accept change.

"We don't want to see inappropriate things done but there is room to enhance the whole station.

"We are quite happy to come up with ideas to help and we are interested in anything that helps the market."

Mr Goverd and his fellow traders are due to have their first serious talks with the Ethical Property Company following this Saturday's market.