In 1984 the trust saw the opportunity to continue its work of upgrading the blighted High Street with the acquisition of No 55 which had been Robbs Electrical Shop. The building’s classical façade had been marred by an insensitive modern shop front. The re-construction of an alley allowed the extensive rear area, previously un-used, to be opened up for commercial use and now gives access to four flats in the upper floors.
Following this work, the High Street was finally pedestrianised as the through traffic was able to use the new bypass and Cornhill. A subsequent linkage has recently been built through the old Rope Store giving access to the Shambles.
Click on any image below to open the picture gallery for 55 High Street.
Costs Purchase of site 71,000 Construction 155,000 Finance 8,000 Professional Fees 24,000 Total 258,000
| Sources of Income | |
|---|---|
| Grants: | |
| District Council Grant | 20,000 |
| Loans: | |
|---|---|
| Architectural Heritage Fund (5%) | 85,000 |
| Barclay‘s Bank (2% over base) | 160,000 |
| Period Cottage Improvement Society (7%) |
5,000 |
| Sale of Flats | 72,000 |
| Annual Income from shop lettings | 20,000 |
| Architects: | Feilden Clegg Design Partnership |
| Structural Engineers: | M.D. Hughes & Partners |
| Solicitor: | A.E. Smith & Co. |
| Accountant: | Richard Somers & Co. |
| Estate Agents: | Sandoe Luce Panes. |