Sunday, October 22, 2023

New grant supports business property improvements

* Llangollen town centre could benefit from the new grant scheme.

Denbighshire County Council has launched a new grant funding scheme for businesses based in town centres across the county to be able to enhance the exterior of their commercial properties.

The Denbighshire Commercial Property Development Grant has received £290,000 from the UK Government through the UK Shared Prosperity Fund and forms part of the council’s wider Town Centre Property Improvement Scheme.

The new grant scheme will help commercial property owners and occupiers based in town centres across Denbighshire to be able to fund improvements to the appearance and viability of their buildings.

Funding for up to 70% of a project to enhance the exterior of a commercial property is available through this scheme, with £50,000 being the maximum amount that can be applied for. Applicants are expected to be able to fund the remaining cost of the project themselves.

Cllr Jason McLellan, Lead Member for Economic Growth & Tackling Deprivation, said: “The Denbighshire Commercial Property Development Grant is a fantastic initiative targeting vacant, underutilised or untidy properties in town centres across Denbighshire to instigate improvements to visual amenity, stimulate investment, increase employment opportunities and improve the vibrancy of town centres.

“This new scheme will be an asset to any town centre-based businesses or commercial properties across the county looking to improve the exterior of their buildings to help enhance their premises and attract further business. Not only will they benefit the businesses in receipt of funding, but they will also lead to better presented town centres across Denbighshire that will improve the feel and perception of the areas, encouraging local people to take pride in their local town. 

* For more information about the scheme and how to apply for a grant, please visit the Denbighshire County Council website: https://www.denbighshire.gov.uk/en/business/funding-and-grants/commercial-property-development-grant.aspx

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