The redevelopment of the derelict building on Skylon Park, at Rotherwas, has created more than 4,000 sq metres of employment space, with room for new and growing businesses to set up and expand alongside facilities for development and innovation, presently earmarked for the new NMITE campus.
The Marches LEP provided a £2.493m interest free loan for the work with £2m being contributed by the ERDF and Herefordshire Council invested the balance.
Historic building brought back to life
Over 4000sqm of employment space
High quality start up suites
High quality commercial space
The project has seen a high quality commercial space created within the existing building footprint, retaining much of the original factory including its steel roof structure, transforming the historic building into a flagship business incubation and innovation centre.
It was funded by the European Regional Development Fund (ERDF), Herefordshire Council and a loan from the Marches LEP’s Marches Investment Fund. It will stimulate economic growth through the generation of around 128 new jobs by 2023 rising to more than 450 by 2031.
Room to grow
The Shell Store provides over 4000sqm of employment space for up to 25 dynamic and innovative businesses, with room for new and growing businesses to set up and expand alongside facilities for development and innovation.