Incentive Scheme for Businesses & Retailers to Occupy Vacant Properties
Limerick City & County Council has introduced a new Business & Retail Incentive Scheme for Newcastle West, Abbeyfeale, Rathkeale and Kilmallock and applications are now invited for 2013.
The Business & Retail Incentive Scheme provides a financial incentive to encourage new businesses to open in the above County towns. Occupiers of vacant properties are offered incentives for higher order retail and office uses. The scheme is intended to address vacancy in the County’s key towns of Newcastle West, Abbeyfeale, Rathkeale and Kilmallock.
The grant relief provided under the scheme for vacant property is:
Year 1 – Grant relief is based on certified fit out costs subject to a maximum of 50% of the annual rates liability.
Year 2 – Grant relief is based on original certified fit our costs (as submitted at year 1) subject to a maximum of 25% of the annual rates liability.
Limerick City & County Council aims to ensure that any incoming business respects and enhances the multifaceted character of these county towns and endeavours to encourage a diversity of uses to increase the overall attractiveness for shopping, leisure and business purposes.
To download a copy of the application form please click on the links below:
Once completed please return the application form to:
Economic Development Department,
Limerick City & County Council,
For more information on the Retail Incentive Scheme, please contact the Economic Development Unit at 061-407269