Market Leads & Opportunities

Fund will support independent shops on Glasgow’s historic High Street

Source: http://www.govopps.co.uk/fund-will-support-independent-shops-on-glasgows-historic-high-street/

A fund will provide support to independent shops on the High Street and Saltmarket, one of the oldest and of the most historically significant thoroughfares in Glasgow, as part of a strategy to regenerate the area. The appearance and shop fronts and the buildings in which they reside has a considerable impact and influence on an area’s character.This fund – the Independent Retail Fund (IRF) – is a shop front improvement grant available to tenants and owners of occupied shops on Saltmarket and the High Street.Glasgow City Council will work with City Property Glasgow Investments and other commercial property owners to provide 100% funds to shops – £5,000 for double units and £3,000 for single units – to enable them to undertake necessary external enhancements / redecoration and other improvements such as removing / upgrading signage, replacing damaged tiles and feature lighting for signage or window displays.An officer from Glasgow City Council will visit eligible properties to discuss the fund and provide assistance with applications if required. It is hoped that these improvements will enhance the appeal of the area to visitors, customers and local residents and contribute towards business and consumer confidence.This project is part of the wider High Street Area Strategy, a five-year plan to redevelop this historic quarter and support small businesses and the local economy.One of the recipients of the Independent Retail Fund is Bonjour, a new inclusive bar / creative community hub, based at 37 Saltmarket.