Test Valley Borough Council Independent Retailer Grant

As part of the Council's strategy to support Andover and Romsey town centres, an Independent Retailer Grant of £1,000 is now available to encourage independently-owned retailers to take up vacant space.

The £1,000 grant will be accompanied by a package of practical measures to help a new retailer through the difficult first months of trading. 

The Grant is designed to attract independent retailers into vacant premises in Romsey and Andover, and is one of a series of measure to support the town centres.

A budget of £20,000 (10 grants for Andover and 10 for Romsey) has been set aside. The impact of the new Grant will be formally assessed at the end of 12 months.

Eligibility

New or existing businesses moving into ground floor premises which have been vacant for at least one month in the Primary and Secondary Shopping Areas of the towns.

Use Classes A1 (Shops) and A3 (Restaurants and Cafés)

Dependent on all other relevant Council consents (e.g. planning permission, other licenses etc.).

The grant does not apply to:

  • Nationally-owned multiple chains
  • Use Classes A2 (Financial & Professional Services); Class A4 (Drinking Establishments) and Class 5 (Hot Food Takeaways)
  • Charity shops
  • Businesses already in receipt of the Business Incentive Grant.

The grant is managed by the Economic Development Officer and signed off by the Head of Finance and Economic Portfolio holder.

Payment is staged,£500 after 3 months and £500 after 9 months.