Art gallery put up for sale after funding runs out
An art gallery in Great Yarmouth that opened three years ago has been put on the market after failing to cover running costs once its grant funding ran out.
The Great Yarmouth Preservation Trust (GYPT), which owns the Yare Gallery, said that rising costs of wages, utility bills, maintenance and insurance led to the gallery's closure last year after its grant funding from the National Lottery Heritage Fund and the government's Culture Recovery Fund ran out.
The trust received £176,800 across two Culture Recovery for Heritage funding rounds.
Bernard Williamson, Chair of GYPT, told Eastern Daily Press: "The trust received no support or subsidy from the local authority or other bodies.
"The regeneration benefits of such an asset are a huge drain on our resources and led trustees to put the building on the market.
"It is hoped that the gallery will, therefore, continue with a new owner."
The Yare Gallery opened in 2021 in a Grade II building that was purchased and restored in the early 2000s to create the Norfolk Nelson Museum, which closed in 2019. The property has gone up for sale for just under £300,000, and the funds will be used to support other local preservation trust projects.
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