Occupation of Vacant Commercial Premises Scheme

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Occupation of Vacant Commercial Premises Scheme

The Occupation of Vacant Commercial Premises Scheme (part of the Business Incentive Scheme) encourages the use of vacant commercial premises by incentivising both landlords and new businesses to occupy vacant premises (vacant for a period exceeding 6 months) by lowering entry costs through a grant related to the level of rates payable on the property.

Who Can Apply for the Occupation of Vacant Commercial Premises Scheme?

The Scheme is open to newly established business setting up within Longford town or county, existing business relocating or expanding from outside Longford or an existing business maintaining current location and expanding into a new location within Longford. Further Terms and Conditions apply, click here for these full T&Cs

How does the Occupation of Vacant Premises Scheme Work?

Under the Scheme, grants are paid to qualifying applicants in respect of the rates struck for the subject premises as follows:

  • End of Year 1 Grant: payable equivalent to 75% of rate paid for subject year (i.e. 12-month period of trading)
  • End of Year 2 Grant: payable equivalent to 50% of rate paid for subject year
  • End of Year 3 Grant: payable equivalent to 25% of rate paid for subject year

See T&Cs Section: Provision for Payment of Grant

How Does My Business Apply?

Firstly, refer to our full Terms and Conditions to see if you can apply.

If you are satisfied with the T&Cs, submit your completed Application Form with the required documentation (See T&Cs Section: Application for the Occupation of Vacant Commercial Premises Scheme for Required Documentation)

Completed application forms with attached documentation to be submitted to Michael Nevin, Head of Enterprise, Longford County Council by email to: mnevin@longfordcoco.ie

This policy is reviewed on an annual basis and will continue to be offered until 31st December 2020

 

 

 

 

 

 

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