Grants of up to £30K to help property owners enhance their premises
Worcester City Council is offering grants of up to £30,000 to encourage owners of underoccupied properties in the northern part of the city centre to invest in their buildings and attract new tenants.
A major regeneration of the area is underway, following a successful £17.9m bid by Worcester City Council to Government's Future High Streets Fund.
The Property Enhancement Grant Scheme will be offered to owners and in some cases, the tenants of properties located in Angel Street and The Cross.
The grant will cover up to 75% of the total cost of the works (exclusive of professional fees).Applications are welcomed from groups of businesses and individuals seeking to improve joint frontage or a communal area and facilitate active use of vacant floorspace.
"This is a fantastic opportunity for businesses in the Angel Place and Cross areas to improve the appearance of their property, with up to three quarters of the cost covered by a grant from the City Council," said Cllr Lucy Hodgson, Chair of Worcester City Council's Place and Economic Development Committee.
"This offer is part of our wider plan to regenerate the area around Angel Place by improving its leisure, cultural and entertainment offer in a bid to attract greater numbers of visitors and shoppers."
Over the next five years the former Scala Theatre in Angel Place and the Corn Exchange buildings will be fully refurbished and will re-open as a major new theatre and performing arts venue.
Other buildings in the area including the former Co-op retail unit at 8 Angel Street will be converted in to residential, office and leisure facilities, acting as a magnet for younger people and families in the future.
All grants are discretionary and subject to the availability of funds. The inclusion of a building within the eligible area does not give any automatic entitlement to a grant.
View further details and eligibility criteria for the Property Enhancement Grant.
Applications must be received by noon on 30 June 2022.