● Picture By Marc Hodgson
Free Online at www.coastalviewandmoornews.co.uk The Community Newspaper for the Towns and Villages of East Cleveland, Redcar & North York Moors, telling the real news and views of the people of our region Coastal View & Moor News Issue 106 January - February 2020
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Council to purchase historic Loftus building
A
n historic Grade II-listed building in the heart of Loftus will be brought into public ownership. Redcar & Cleveland Borough Council recently exchanged contracts to purchase the former Barclays Bank building, located in the heart of the Market Place, at a cost of £150,000. The intention is to transform the four-storey building, which has been vacant since 2017, into high-quality tourist accommodation, provide a tourist information service and to bring back vital banking and/or post office services to the town. Loftus is close to the Cleveland Way and on a key
route from Teesside to Whitby and the North York Moors. With the A174 passing directly through the middle of the town, and 5,000 vehicles passing through daily, Loftus could potentially have a thriving visitor economy. “Our vision is to transform Loftus into a modern market town, attracting new businesses and retaining existing ones, and to offer new opportunities for local people,” explained Cllr Mary Lanigan, Leader of Redcar & Cleveland Borough Council. “We want to make sure people come to visit and stay here in Loftus, we want to create jobs for local people and we want our businesses to thrive.
“Plans are still in motion for the building, but it is our intention to bring back a form of banking or post office service, and to provide high-quality accommodation for visitors staying in the town. “We wanted this news to be announced as a Christmas present to our residents, and more concrete plans will be drawn up in the New Year.”
It was announced by Central Government in August that Loftus was to benefit from the Future High Streets Fund - a £1 billion pot dedicated for high streets up and down the country. This purchase will support the council’s bid to reenergise and transform Loftus High Street. Cllr Wayne Davies, Cabinet Member for Economic Development at the council, said: “We are so pleased this building will be brought into public ownership. It is a real positive step demonstrating our commitment to Loftus and East Cleveland. “This high street is at the heart of the Loftus community and we want to make sure it is a vibrant place where people want to go. “The substantial number of people traveling through the town could all be potential visitors and customers. It is crucial that the facilities and infrastructure are there for them and our residents. "Since losing Barclays bank, the businesses in Loftus have struggled with a declining footfall onto the highstreet, so we are endeavouring to not only bring a banking facility into Loftus, but return home the Saxon princess exhibition to help reignite the towns offer to locals and visitors, making it much more sustainable for the future.". The next steps for the council are immediate maintenance works to make the building safe and to consult local community groups in the New Year as plans develop. Completion of the sale will take place at the end of January 2020.
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