The team behind the conversion of the Corn Exchange in Crickhowell High Street are in ‘detailed discussions’ with retailers keen to move into the new development.

‘Late-stage negotiations’ are underway, with Corn Exchange Crickhowell Ltd (CECLtd) in discussion over two of three retail shops available.

Dean Christy, managing director, said, “One of our potential tenants is offering a shopping experience which has never been seen in Crickhowell, probably in Wales. It is a very exciting idea which will help put the town on the map and cement its reputation for original and interesting shops.

“The other business has several strands – from healthy living to lifestyle and artisan goods and locally-sourced products. They also aim to engage with the growing artistic community in Crickhowell and become a hub for creative thinkers,” he said.

The team considered seven applications following a successful open weekend during which they showed off the nearly completed shops. And they say they hope to make announcements ‘within days’.

They are considering the other applications, but have not yet reached a decision on the third unit because they want to see who else comes forward as the building comes closer to completion, a spokesman confirmed.

Tim Jones, the group’s communications director, said, “In all, we have spoken to more than 60 people about the shops and the fact that we are only now making decisions demonstrates how careful we are being about the tenants we choose.

“Our shareholders have laid out a clear tenancy policy for us and we are following it. We think we have found the right people to go into two of the shops – which leaves a single window of opportunity for someone else to come forward, quickly, before we make a decision on the third.”

The team said they also hoped once the shops and flats are let, investors will want to celebrate the success of The Corn Exchange project and buy the remaining shares which are on offer.

Peter Roberts, finance director, said, “The last open days showed people how close we are to finishing the conversion of The Corn Exchange and how attractive the shops and flats will be. That brought in over £10,000 of new investment but there are still shares to sell. Whoever buys them will become part of what is shaping up to be a phenomenal success for Crickhowell.”?