We have secured funding from the Welsh Government Transforming Towns Programme to offer capital investment grants to regenerate commercial properties located in the priority town centres of Colwyn Bay, Abergele & Pensarn, and Llandudno.
The grant can be used to enhance building frontages, bring vacant commercial floor space back into beneficial business use, or repurpose properties where appropriate – for example offices, retail, food and drink uses will be considered.
The fund is available to the freehold owners of the property, or occupiers who hold a lease with 7 years or more remaining at date of application, and who have secured their landlord's written consent to the proposed works.
All projects supported by the scheme are expected to contribute towards some of the following Welsh Government Transforming Towns Programme outputs:
- Number of jobs accommodated (enabled through the regeneration investment)
- Enterprises/Businesses accommodated
- Sq. m of non-residential premises created or refurbished
- Number of non-residential premises created or refurbished
- Number of non-residential units brought back into use
- Number of SMEs based in Wales successfully securing contracts
- Value of contracts awarded to SMEs in Wales
The Commercial Property Development Grant Guidance is available here for download. However, for further information regarding the Commercial Property Development Grant, or to make an application, please contact us as per the details below. If you are unsure whether your project is eligible under the scheme, then please get in touch as we would be happy to advise. If your project can’t be funded via the Commercial Property Development Grant, we may be able to advise of further funding opportunities that you may be eligible for instead.
To discuss your proposal please contact:
Katie Minton-Rowlands
Development and Regeneration Project Officer
Telephone no: 01492 577329
E-mail: regen@conwy.gov.uk
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