A proposal has been put forward to transform a former bank building located in the center of the Cotswolds into a luxury boutique hotel and restaurant.
Redevelopment Proposal for Historic Building
The site in question, previously occupied by Lloyds Bank in Stow-on-the-Wold, could soon undergo redevelopment if the submitted plans receive approval. The building, which has stood vacant since the bank’s closure, is situated on The Square in the heart of the market town.
Details of the Application
The planning application outlines a vision to convert the existing structure into a boutique hotel featuring 13 guest rooms, alongside a restaurant and bar. The proposal also includes the addition of a rear extension to the property, as well as internal alterations to accommodate the new facilities.
Preservation of Historic Features
According to the application, the development aims to retain and restore many of the building’s original architectural elements. The plans indicate that the historic character of the property will be preserved, with efforts made to maintain its distinctive façade and period features.
Potential Impact on Local Economy
The proposal suggests that the new hotel and restaurant could contribute positively to the local economy by attracting visitors and creating employment opportunities. The application states that the project would generate jobs both during the construction phase and once the business is operational.
Next Steps in the Planning Process
The application is currently under review by the Cotswold District Council. A decision on whether the redevelopment will proceed is expected following a period of public consultation.