Half a million pounds will be spent to resurrect five derelict railway arches in Windsor.
The Arch Company, which is the largest landlord of small businesses in the country, is investing £500m to transform the empty business units off Alma Road by Windsor and Eton Central station.
The plans for units 25-26, 27-28, 29-30, 55, and 57 are part of the company’s ‘Project 1000’, which aims to bring a thousand empty and derelict spaces into use by 2030.
Across the country it hopes to create space for 1,000 businesses, supporting approximately 5,000 jobs and adding to the estimated 25,000 people already employed in arch businesses.
The Arch Company purchased 5,200 rental spaces from Network Rail in 2019. It became responsible for 74 arches in the Royal Borough of Windsor and Maidenhead since then, with the majority occupied by small independent businesses.
The Windsor arches units will be transformed into useful spaces for businesses and create up to 25 new jobs. The works will be completed by the end of this year.
The arches in Alma Road are already home to some businesses, such as M&T Engineering, which is a small, family-run mechanic that has been in the arches for more than 50 years.
The award-winning business said it is looking forward to welcoming a host of new neighbours to the arches, after seeing the benefits of improvement in developing Windsor Royal Station during the course of their tenancy.
Council leader Andrew Johnson and deputy leader Samantha Rayner said in a joint statement: “We are delighted that The Arch Company have chosen to make this significant investment into Windsor.
“These iconic arches form an integral part of the visitor gateway to the town, and we are very pleased that they are being enhanced and improved, as well as providing the opportunity for the creation of up to 25 new jobs for the local area.”
The Arch Company lettings manager Nick Vaile said: “This is a prime location for businesses to rent in Windsor, being close to the railway station, King Edward shopping centre, the river and parking facilities.
“There is ample opportunity for all types of businesses to succeed here.
“We anticipate that interest and demand will be strong, and I would encourage any interested businesses to get in touch.”
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