Wrexham: Grant and loans to re-energise city centre
Wrexham Council will use £200k of Transforming Towns funding to offer grants of up to £50k as well as offering commercial city centre loans between £5,000 and £1,000,000 repayable of a maximum period of five-years.
Subject to eligibility, the schemes can be used to enhance building frontages, bring vacant commercial floor space back into use. The loans scheme can also be used to support the purchase of city centre buildings.
Transforming Towns is a Welsh Government initiative designed to help regenerate town centres, ensuring they continue to play a key role in local economies and communities.
Councillor Nigel Williams, Lead Member for Economy, said: 'This is an incredibly exciting time for Wrexham, and these grants and loans will help revitalise and enhance city centre properties.
"I would encourage eligible owners and leaseholders to apply for this funding, and help breathe new life into their premises.
'Wrexham is Wales' newest city, and it's important we have a vibrant and exciting city centre.'
Cabinet secretary for housing and local government, Jayne Bryant, praised the success of the Transforming Towns programme in her speech to the All-Wales Regeneration Conference in February, saying: 'By investing in our towns and city centres, we are not only enhancing the physical environment but also fostering economic growth and improving the quality of life for residents.
'Bringing empty properties back into active use and breathing new life into our town and city centres are key pillars of our regeneration strategy here in Wales.
'The continuation of the grant programme, with increased funding and grant allowances, makes funding for regeneration projects more accessible, enabling us to build on the successes we have already achieved.'
Grants are available to retail and commercial property owners and lease holders with premises in the city centre. All grant works must be complete by February 28, 2026.
Loans are available to retail and commercial property owners and lease holders with premises in the city centre or those planning to buy in the city centre.
These monies can be used to help fund external and internal building works including
Shopfronts, roof and structural works and repurposing internal building layouts.
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Loan funds can be used to support the creation of units for residential accommodation subject to planning approval being in place.
If you would like more information around eligibility of works and including how to apply for Transforming Towns Property Development Grant email Grants@wrexham.gov.uk.
If you would like more information around eligibility of works for Transforming Towns city centre loans including how to apply email loans@wrexham.gov.uk.
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