CAERNARFON is to benefit from a share of a new £5million fund empowering communities to breathe new life into disused and at-risk buildings.

The money will help community enterprise Galeri Caernarfon Cyf take on dilapidated buildings in Caernarfon and create a range of new spaces for the community.

Since the company was established in 1992 (under the name Cwmni Tref Caernarfon), more than 20 properties within the walled town boundaries have been bought and renovated.

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These buildings are used as shops, offices, salons, cafes and restaurants who collectively employ more than 200 members of staff, as well as residential properties housing in excess of 40 individuals.

The funding is being awarded as part of a new partnership between the National Lottery Heritage Fund and the Architectural Heritage Fund.

It follows the success of a pilot programme which supported seven social enterprises and charities in England to repair, restore and reuse at-risk high street and town centre buildings in their areas.

Galeri can also apply for grants to support early project development, and will be given guidance from consultants and mentors to develop its skills and knowledge alongside peer-to-peer support to expand their reach and influence.

Steffan Thomas, Galeri Caernarfon Cyf’s chief executive, said: “When the company was established over 30 years ago, the main aim was to play a role in regenerating the town.

“Around half of the commercial properties within the walled town were in poor condition, derelict and for sale with very little interest by the private sector to invest in the town.

“This funding will allow us to explore opportunities and in doing so, making a further contribution to the local community, provide an economic boost to the town as well as protecting important buildings of historic interest.”