Monday, 23 November 2020

Nightclubs, Dance Halls, or Adult Entertainment Businesses

Businesses that have been required to close due to the national restrictions introduced in March 2020, and which have not been able to re-open, may be eligible for LSRG (Sector).

Eligible businesses are entitled to a cash grant from their local council for each 14-day period they are closed. This funding is available from 1 November 2020 and is not retrospective.

Eligibility

Eligible businesses include:

·                     nightclubs, dance halls, and discotheques

·                     adult entertainment venues and hostess bars

Your business may be eligible if it:

·                     is based in England

·                     occupies property on which it pays business rates (and is the ratepayer)

·                     has been closed since 23 March 2020 because of national restrictions

Eligible businesses can get one grant per non-domestic property.

The grant will be based on the rateable value of your property on 1 November 2020.

If your business has a property with a rateable value of £15,000 or less, you may be eligible for a cash grant of £667 for each 14-day period your business is closed.

If your business has a property with a rateable value over £15,000 and less than £51,000, you may be eligible for a cash grant of £1,000 for each 14-day period your business is closed.

If your business has a property with a rateable value of £51,000 or above, you may be eligible for a cash grant of £1,500 for each 14-day period your business is closed.

The grant will be extended to cover each additional 14-day period of closure. If your business is closed for 28-days, or 2 payment cycles, it will receive £1,334, £2,000 or £3,000, depending on the rateable value of the property.

See: https://www.gov.uk/guidance/check-if-your-nightclub-dance-hall-or-adult-entertainment-business-is-eligible-for-a-coronavirus-grant-due-to-national-restrictions

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