Holbeach Town Band could find out as early as next month whether its members can stay at their town home indefinitely.
The band has struggled to find a new base in Holbeach since it was given notice to quit its current site in Back Lane, owned by Holbeach Parish Council, two years ago.
However, the council did give the band a two-year lease extension until September 30 to allow leaders to look for a new home.
Talks took place earlier this year with Lincolnshire County Council about moving into Holbeach Library in Church Street.
But at Monday’s parish council meeting, band director Mel Hopkin said: “We’ve explored new premises but the problem with them is that they have no rooms for the storage of our instruments.
“We can’t afford commercial rents of about £150 per week, £7,500 per year, which would greatly exceed our income as a charity.
We’ve explored new premises but the problem with them is that they have no rooms for the storage of our instrumentsHolbeach Town Band director Mel Hopkin
“At one point, we did think about the library but the full sale price indicated to us was £120,000 or we could rent it for £10,000 a year, both of which are way beyond our means.”
Instead, band leaders have asked parish councillors to consider renting out the Back Lane site for between £750 and £1,000 a year or selling it to the band for £15,000.