Torridge Awarded Over £20 Million for Community Regeneration

07.04.25

An aerial view of modern British housing development — Photo by georgeclerk from Getty Images Signature

Torridge District Council has been awarded just over £20 million in capital investment, along with £250,000 in revenue funding, as part of the government’s Community Regeneration Partnership. This funding will support a variety of projects aimed at benefiting residents across the district.

Key Projects Include:

Bideford Business Park: £2.6 million for acquisition and development towards high-value manufacturing and engineering facilities.
Bideford Pannier Market: £1.475 million for modernisation and improvements to make it fit for future and wider use.
Hatchmoor Industrial Estate: £1.6 million for designing a scheme, achieving necessary consents, and delivering services and infrastructure for future development.
Holsworthy Agri-Business Park: £7.3 million for developing agri-related innovation, retail, and professional space.
Appledore Clean Maritime Innovation Centre: £2 million for additional funding to support the build.
Agri-tech Nutrient Pilot Scheme: £0.3 million for testing the adaptation of a slurry condensing unit to recover nutrients and reduce pollutants in rivers.
Westward Ho! Water Quality Monitoring Buoy: £0.1 million for installation of a buoy to provide real-time water quality data.
Cleave Wood, Bideford: £1.2 million for designing and delivering site servicing and infrastructure for a residential scheme.
Social Housing Decarbonisation: £1.5 million for improving 57 properties with E & F ratings to C or B.
Bideford Hospital: £0.75 million for reconfiguring the site to create a “Community Health & Wellbeing Hub.”
The Globe Hotel, Great Torrington: £0.52 million for initial capital works on a Grade II Listed hotel to redevelop it into an 11-bedroom hotel and restaurant.
Holsworthy Manor Offices: £0.725 million for phased redevelopment, including decarbonisation and remodelling for improved accessibility and flexible community space.

These projects are part of the council’s strategic ambitions to deliver lasting benefits to Torridge. The Torridge Place Board, established in February 2024, has been instrumental in steering this diverse programme of works, aimed at improving long-term economic opportunities and delivering positive environmental and health benefits to the region.