Previously a space for workshops and car showrooms, the
iconic Automobile Palace has been transformed into a
state-of-the-art business centre.
Powys County Council received more than £1.5m from the Welsh
Government to help acquire and restore the building
sympathetically, in keeping with its history and original
architecture.
Another key consideration of the redevelopment was ensuring the
National Cycle Museum could remain in the building.
11 lettable business units have been created, supporting the
competition and sustainability of the local economy,
creating employment opportunities and encouraging rural
entrepreneurship.
Cabinet Secretary for Housing and Local Government, , said: “It was wonderful to
visit Llandrindod Wells and see the positive impact our
regeneration investment is making across Mid Wales for local
businesses and communities.
“It's so important that we're sensitive and take real care when
restoring buildings like the Automobile Palace so they're
not only brought back into active use but retain the original
character that makes them so special.
“This project really exemplifies what we're trying to achieve
across Wales and I'm looking forward to seeing the different
types of businesses that make the Auto Palace their new
home.”
Leader of Powys County Council, Councillor James Gibson-Watt,
said: “We are very grateful to Welsh Government for the £1.585
million in funding they put towards this project through their
Transforming Towns programme.
“It is a significant contribution towards the £3.4 million cost
of buying and refurbishing the iconic Automobile Palace in the
centre of Llandrindod Wells.
“It's great to see it back in use as a business centre, with five
of the 11 units now let, and all of the lion statues back in
pride of place on the roof.”
ENDS
Notes to editors
A total of £3.1 million was spent on acquiring and refurbishing
the Automobile Palace. £1.585 million in funding was provided
from the Welsh Government and a further £550,000 from the UK
Government.
