Press Release By The South West Regional Development Agency (2001)
| |
| RDA grant aid enables farmer to create business centre
Richard Padfield, who farms at The Hawthorns, Staunton, north of Gloucester, needed to replace a range of cramped, outdated buildings with modern facilities to make his 800-acre farm more efficient, but the cost was prohibitive. So he looked into ways of using the old buildings to generate income. Three of the old buildings were converted some years ago out of Richards own pocket to provide facilities for local companies. Then he found that the RDA was offering Agricultural Redundant Building Grants (available for one year only) of up to 25% of eligible project costs up to a ceiling of £250,000. He has embarked on a further conversion programme, to adapt three more buildings to offices, which will be completed this year. For this the agency has granted £21,800. Once Richard is able to find tenants for the current phase, he plans to replace yet more of his buildings with modern facilities and develop the business centre further. His ultimate vision is of a rural business centre with nine office buildings and three to four workshops, accommodating several dozen staff, with landscaped parking areas and surroundings. | |