It seems the building will somehow be extended and converted into a number of flats.
It saddens me a bit the fact the shop floor space is eroding away especially now that the high street is being redeveloped.
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So I think that means central government match funds any additional Council tax for the next six years. For that web site, there is also a link to an Excel spreadsheet listing how much every authority is getting, and also how many new housing units they allowed in the 12 months to Oct last year. Lewisham added 1,307 units, 69% of which were 'affordable'. Interestingly, it appears not to have managed to bring any empty homes back into use. I guess this could be because (1) there really aren't any empty homes other than ones only temporarily empty, (2) the timing of reporting of empty homes brought into use happens to miss this period; or (3) Lewisham officers are not very good at getting empty homes into use.The New Homes Bonus is a grant paid by central government to local councils for increasing the number of homes and their use.
The New Homes Bonus is paid each year for 6 years. It’s based on the amount of extra Council Tax revenue raised for new build homes, conversions and long-term empty homes brought back into use. There is also an extra payment [£350] for providing affordable homes.