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Liverpool council to boost business with Shops for a Pound project

Pound Coin - Boost enterprise in the city - SantanderCB

Liverpool City Council is attempting to boost enterprise in the city by transforming empty retail units into viable businesses. The new Shops for a Pound project, a variation on Liverpool City Council's Homes for a Pound initiative, will see 12 vacant units along Smithdown Road and Earle Road made available to prospective entrepreneurs at a cost of £1 per week for up to three years. Successful candidates would have to undertake repairs and refurbishment works, and must demonstrate that they have finance in place. The businesses must also operate from the refitted units. After the three-year period has expired, commercial rates will apply.

 

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