Land Fund Awards Tiree £141k for Crossapol Shop
The Scottish Land Fund, which is Scottish Government money distributed by the Big Lottery Fund for communities to take ownership of land and assets, has awarded Tiree £141,000 towards buying the former I&F MacLeod shop building in Crossapol which closed down in February 2014.
Tiree Community Development Trust had been exploring the feasibility of a community shop, with paid employees but managed by a committee of volunteers but has now had approval from the funders to offer the shop out for lease to a private business at commercial rates, viewing this as a more sustainable model of community ownership with any profit generated from the rent being reinvested in community projects.
The purchase price of £160,000 has been agreed with the owners, however the total project cost is £173,000, including all fees and a full structural survey and the balance of £32,000 will come from community funds generated by Tilley, the community wind turbine. The agreement also includes a plot of land to the east of the shop which will be retained by the community for future development following consultation.
The opportunity to take on the lease has been previously advertised and is still available, subject to successful completion of the purchase. If you are interested please contact email@example.com or 01879 220 074 for more details. Preference will be given to a highly valued community service, ideally a shop.
A closing date for noting interest in the lease has been set for Wednesday 17th June at 5pm. Interested parties will be asked to submit a business plan and a covering letter.