Community enterprise in bid to buy HSBC branch

Sep 21, 2017 | News | 0 comments

 A leading Llanrwst community enterprise is hoping to buy the town’s recently closed HSBC branch – so that the historic building can become an asset for the whole community.

Menter Iaith Conwy have unveiled plans to establish an information centre and a permanent exhibition space, and to develop an incubation centre for new businesses. They also have longer-term ambitions to bring the top floor, described as one of the town’s hidden treasures, back to use.

They are now in negotiations with the selling agents and hope to persuade HSBC of the merits of their proposals.

“The closing of the HSBC branch is a deeply regrettable loss to the town, and a great many of us campaigned to save it,” said Menter Iaith Conwy Chief Executive, Meirion Davies.

“Now that it has closed, however, it is vital that such a keynote building on the square is brought back to use as soon as possible, and be of benefit to the whole town.

“As well as hosting our offices, there is ample space on the ground floor to provide a comprehensive information and heritage centre to local people and visitors alike. This could be enhanced by exhibitions of historic photographs of the town and its people, for example.

“We are also eager to provide space for local budding entrepreneurs to develop their businesses.

“In the longer term, the vast hall on the top floor is one of Llanrwst’s hidden treasures and we are committed to bring it back to use for the benefit of the community.”

Menter Iaith Conwy will be unveiling more of their plans at their stall at Llanrwst Show on Saturday.

“We will be seeking the support of local people, businesses and elected representatives at all levels of government for our plans,” said Menter Iaith Conwy Chairman Huw Prys Jones.

“Such an historic building is part of the town’s heritage and it is only right that it should benefit the whole community rather than fall into the hands of a private developer.

“Far too many landmark buildings in the past have been sold through ‘done deals’ behind closed doors to property speculators and we are determined that this must not happen in this case.

“If we succeed in our bid, we are confident that our plans will help revitalise a focal point in the town centre.”