• Antur Nantlle Cyf launch regeneration scheme to celebrate 25 years supporting local business
• The exterior of a mixture of commercial and residential buildings to be the first painted
• Charity Bank loan enables the purchase of four business units
The Penygroes Community Paint Scheme, organised by the not-for-profit regeneration company Antur Nantlle Cyf, is to see its first lick of paint in the coming weeks as the long-awaited sunshine is forecast.
The pastel colours, mixed by local paint company Bradite and sold at a discount to residents and local business owners, have been designed to accentuate the village’s unique character and charm. So far, a handful of properties, a split of commercial and residential buildings on the two main shopping streets Heol y Dŵr and Stryd yr Wyddfa, have signed up to participate in the scheme.
"Each shade is named with a unique Welsh name, each reflecting an important local landmark.”Robat Jones, principal officer at Antur Nantlle Cyf
Robat Jones, principal officer at Antur Nantlle Cyf, which this month celebrates 25 years in business supporting local regeneration projects, said: “This exciting new scheme will showcase our vibrant village with its diverse mix of businesses, helping to raise its profile and reinforce the community’s sense of civic pride.
“The colour pallet, with its pastel shades, has been specifically mixed for this regeneration project and has been designed to be eye-catching to attract passing trade, bringing new visitors to the village. Each shade is named with a unique Welsh name, each reflecting an important local landmark.”
Over the past 25 years Antur Nantlle Cyf has acquired and renovated a property portfolio of nine business premises - many of which were previously redundant - providing workspace for around 70 people in the local area.
Robat added: “We work on behalf of the local area to support local people and businesses and to preserve the Welsh language and our traditions. We want local businesses to flourish, so that they can remain here in Penygroes for the benefit of the whole community.”
One of the company’s most recent purchases of four business units at Penygroes Industrial Estate - home to a microbrewery, an embroidery firm, a welder and metal fabricator and storage space for a local housing association - was financed by a loan from ethical bank Charity Bank, which uses savings to make loans to charities and social enterprises.
“Antur Nantlle Cyf is always looking for ways to breathe new life into the community and protect Dyffryn Nantlle’s future as a bustling area, serving the local people.The loan from Charity Bank enabled it to purchase the business units and to use other cash reserves to secure two further properties."Simon Thorrington, regional manager at Charity Bank