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£1.8m Investment to Rebuild Derelict Llanelli Building

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Set to receive substantial investment over the course of the next few months, the town of Llanelli will be the recipients of a £1.8m investment, seeing a former nightclub demolished and rebuilt in months.

Raffles, an establishment that closed its doors back in the 1980’s, used to be a central part of the town’s nightlife. However, with a new EON investment, the derelict building on Murray Street will be transformed into residential and commercial units.

Raffles Nightclub

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Council leader, Emlyn Dole,  said the plans would be a “huge boost for Llanelli town centre”, giving the town a new lease of life:

“Bringing more units back into use was one of my main priorities when I launched the Llanelli Town Centre Taskforce and this is a perfect example of how we can work well in partnership with private investors to breathe new life into parts of the town.

“I was pleased to meet the developer on site, and to hear the plans for the redevelopment of the former Raffles nightclub.

“A large sum of money would be invested to bring this vacant and dilapidated building back into use, subject to planning.

“These are ambitious and exciting plans that complement what the council is doing in the town centre. Hopefully this will kick-start further regeneration of this area of town.”

EON Investment Ltd director, Michael Isaac said:

“The Directors of EON Investments have been extremely impressed by the council’s commitment to the continuing regeneration of Llanelli town centre; the quality and vision apparent in the East Gate development; and the encouragement and assistance provided to further potential investment.”

A formal planning application is due to be submitted to Carmarthenshire Council in the coming weeks. If gained approval, it is hoped the development will kick start further regeneration in the town.

Being an exciting time of change, Llanelli is also set to welcome a wellness village that ‘the whole world will look at’. As part of a radical new approach to healthcare in the area, the wellness village will reportedly set Welsh Government back £225m. If plans are approved, Llanelli will enjoy incredible sports and leisure facilities, alongside assisted living and medical research companies.

Carmarthenshire Council’s executive member for regeneration and leisure, Meryl Gravell, said the idea had grown to include Swansea University and private partners to look at healthcare in Wales as a whole.