Businesses in Coalville are being encouraged to take advantage of the second phase of funding designed to reinvigorate the town.
More than £225,000 was given to shops along Hotel Street and High Street as part of phase one of North West Leicestershire District Council’s (NWLDC) Coalville Frontage Improvement Scheme in 2015/16. So far £128,723 has been allocated to 11 businesses, including Bitter and Twisted micro pub, La Torre restaurant and Martin and Co estate agents.
Now this offer has been extended, with the council allocating a further £300,000 for shops and businesses in Belvoir Road and Marlborough Square. Nineteen businesses are already in discussion with the council about applying for the phase two funding.
The frontage grants are part of the council’s Choose Coalville Project and aims to improve the appearance of shops, restaurants and other buildings in the town with the aim of highlighting historic features, reinvigorating the shopping experience and encouraging people to spend time and money in the town.
The scheme provides between 50 and 90 per cent grant funding for improvement work like new fronts, signage and windows.
In total 75 per cent of eligible businesses in Hotel Street and High Street took part during phase one on the scheme.
Councillor Tony Gillard, Portfolio Holder for Business at NWLDC, said: “This scheme has already made a huge difference to the visual appearance of High Street and Hotel Street.
“The Choose Coalville Project is all about finding different ways to revitalise and build confidence in the town – and this is just one way the council is looking to achieve this.
“It would be great to see businesses in Belvoir Road and Marlborough Square take up the opportunity to apply for funding as the scheme expands.”
To apply for funding or to find more information, call the Business Focus team on 01530 454767 or visit www.nwleics.gov.uk/coalville_shop_front_improvement_scheme