The Restoration Project
Costs and Funding
project costs for the restoration scheme were estimated to be in
the region of £890,000.
Part of this cost would be recovered by a sale of the restored
building as a self-contained suite of commercial offices, but this
left a significant gap of funding to be found.
As a recognised "Building
at Risk" the target was to identify providers of gap-funding
to enable the Trust to resolve this long outstanding problem, enhance
the area, and re-introduce an historic building back into beneficial
In recognition of the architectural and historical significance
of this building, financial support towards planning its restoration
was provided to the Trust by the Architectural
Heritage Fund, Dudley
Metropolitan Borough Council, the Manifold Trust and Advantage
West Midlands. Without this type of initial help, projects such
as this one could not get off the ground.
Much of the grant awarded has been made possible by the local support
of volunteers campaigning to save the building and in some cases
making donations themselves to the fundraising appeal. The approximate
value of volunteer contributions alone amounted to an amazing £35,000.
The excellent news received in October 2003 was a decision by the
Heritage Lottery Fund to award a Heritage
Grant of up to £627,000.
By March 2004 the Trust had raised sufficient funding from other
sources to be in a position to approve a contract for the building
work. The contractors began in April 2004 and completed their work
in January 2005.
The restored building is now back in use as self-contained commercial
offices, bringing important regeneration benefits to the area.